Tabulation of a Strike Vote Showed That 90% of Those

question 1

Multiple Choice

Tabulation of a strike vote showed that 90% of those voting cast their ballot in favour of strike
Action. You take a sample of 50 voters. Assume this to be a binomial distribution.
What is the mean for this distribution?

• A) 450
• B) 90
• C) 45
• D) There is no mean for this type of distribution

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Definitions:

Consumer Buying Criteria

The specific attributes or factors that consumers consider important when making purchasing decisions, such as price, quality, and brand reputation.

Fair Value Frontier

A concept in finance that represents the optimal balance between the fair value of an asset and the risk associated with owning it.

Value

The importance, worth, or usefulness of something, often considered in terms of its monetary worth or the benefit it provides to consumers.

Economy Quadrant

A conceptual division of economic activities or conditions into four distinct categories for analysis or strategic planning.