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A Consumer Research Group Is Interested in How Older Drivers

question 13

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A consumer research group is interested in how older drivers view hybrid cars.Specifically, they wish to assess the percentage of drivers in the U.S.50 years of age or older who intend
To purchase a hybrid in the next two years.They selected a systematic sample from a list of
AARP (American Association of Retired Persons) members.Based on this sample, they
Estimated the percentage to be 17%.The sampling frame for this study is


Definitions:

Rate of Return

The rate of return is the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Dividends Increase

An action by a company to raise the amount of money paid to shareholders through dividends.

Dividend Growth Rate

The annual percentage increase in a company's dividend payouts.

Required Rate of Return

The minimum percent gain on a yearly basis that captivates entities or persons to invest in a certain security or effort.

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