To Compare the Effect of Weather on Sales of Soft

question 18

Multiple Choice

To compare the effect of weather on sales of soft drinks, a soda manufacturer sampled two regions
Of the country with the following results. Is there a difference in sales between the 2 regions?
i. The null hypothesis is pa - pb > 0.
ii. The alternate hypothesis is pa - pb ≠ 0.
iii. The pooled estimate of the population proportion is 0.36.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (ii) is a correct statement but not (i) and (iii).

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Definitions:

Position A Product

The strategy of marketing a product in a way that distinguishes it from competitors, targeting specific market demographics or customer needs.

Evaluate

The process of assessing or examining something to determine its value, quality, importance, extent, or condition.

Customer Feedback

Pertains to the information, insights, and opinions provided by customers about their experience with a company's products or services.

Positioning Strategies

Techniques used by businesses to place their products or services in the market so that they stand out to potential customers.