A Survey for Brand Recognition Is Done and It Is $\mu - 2 \sigma \text { or greater than } \mu + 2 \sigma \text {. }$

question 47

Multiple Choice

A survey for brand recognition is done and it is determined that 68% of consumers have heard of Dull Computer Company. A survey of 800 randomly selected consumers is to be
Conducted. For such groups of 800, would it be significant to get 634 consumers who
Recognize the Dull Computer Company name? Consider as significant any result that differs
From the mean by more than 2 standard deviations. That is, significant values are either less $\mu - 2 \sigma \text { or greater than } \mu + 2 \sigma \text {. }$

• A) Yes
• B) No

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Definitions:

Government Debt

Government debt is the total amount of money owed by the government to creditors, often as a result of borrowing to cover budget deficits.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and families with dependent children.

Wealth Transfer

The movement of assets or capital from one individual, group, or entity to another, either voluntarily through gifts and inheritance or involuntarily through taxes or levies.

Younger Generations

Refers to the more recent cohorts of society, typically contrasted with older ones, focusing on their characteristics, cultures, and challenges.