Identify the Probability of Each Sample, and Describe the Sampling $1 / 3 ; 1 / 3 ; 1 / 18 ; 1 / 6 ; 1 / 18 ; 1 / 9 ; 1 / 6 ; 1 / 18 ; 1 / 9$

question 156

Multiple Choice

Identify the probability of each sample, and describe the sampling distribution of the sample means.
-Personal phone calls received in the last three days by a new employee were 2, 6, and 8. Assume that samples of size 2 are randomly selected with replacement from this population of three values.

• A) \(1 / 3 ; 1 / 3 ; 1 / 18 ; 1 / 6 ; 1 / 18 ; 1 / 9 ; 1 / 6 ; 1 / 18 ; 1 / 9\)
• B) \(1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9 ; 1 / 9\)
• C) \(1 / 9 ; 2 / 9 ; 1 / 9 ; 0 / 9 ; 1 / 9 ; 0 / 9 ; 1 / 9 ; 2 / 9 ; 1 / 9\)
• D) \(1 / 8 ; 1 / 9 ; 1 / 8 ; 1 / 9 ; 1 / 8 ; 1 / 9 ; 1 / 8 ; 1 / 9 ; 1 / 8\)

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its assets.

Buying Decision

The process and final determination made by consumers or organizations when choosing among different products, services, or suppliers.

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, employee morale, and other factors that improve a company's business prospects.

Service to Customers

The act of providing support and assistance to buyers before, during, and after a purchase to ensure a satisfactory experience.