Assume We Know That 20% of Americans Suffer from a Certain

question 9

Multiple Choice

Assume we know that 20% of Americans suffer from a certain type of allergy. Suppose we take a random sample of 8000 Americans and record the percentage who suffer from this allergy. What guarantees that percentages from such a survey will be normally distributed?

• A)The law of large numbers
• B)The general survey theorem
• C)The central limit theorem
• D)The law of survey

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Definitions:

Product Sales Organization

A structured setup in a company dedicated to selling products, which includes roles, responsibilities, and processes aimed at achieving sales targets.

Administration Costs

These are expenses related to the general operation of a business, such as salaries of office staff, rent, and utilities.

Duplication of Selling Effort

The scenario where sales activities are needlessly repeated within the same organization or sales channel, leading to inefficiency.

Level of Opportunity

A concept referring to the potential for growth and success within a particular market or industry.