Suppose When the Price of Pineapples Goes from $5 to $3

question 149

Multiple Choice

Suppose when the price of pineapples goes from $5 to $3 per pineapple, production decreases from 3,500 pineapples to 2,000 pineapples per year. Using the mid-point method, what is the percentage change in price?

• A) −0.5 percent
• B) −50 percent
• C) −33 percent
• D) −40 percent

Recognize mandatory and specific training programs required in certain jurisdictions.

Understand the importance of evaluation and measurement in the effectiveness of training programs.

Understand the steps in behavior modeling and its application to training scenarios.

Recognize effective strategies to enhance training transfer to the workplace.

---

Definitions:

Sample Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of sample values relative to the sample mean.

Sample Proportion

The ratio of members in a sample that have a particular attribute to the total number of members in the sample.

Error of Estimation

The discrepancy between a population parameter and its estimate, indicating the uncertainty associated with the estimation process.

Statistic

A single measure, calculated from sample data, used to summarize a characteristic of the sample.