Suppose a Market Survey of 200 Consumers Was Conducted to Determine

question 41

Multiple Choice

Suppose a market survey of 200 consumers was conducted to determine the likelihood of each consumer purchasing a new computer next year.Data were collected based on the age of the consumer and are shown below: Using the table above, which of the following statements is true about the surveyed consumers?

• A)More of the surveyed consumers likely to purchase a computer next year are younger.
• B)More of the surveyed consumers likely to purchase a computer next year are older.
• C)The surveyed consumers likely to purchase a computer are evenly distributed among the age brackets.
• D)The largest group of surveyed consumers likely to purchase a new computer next year are between 25 and 34 years old.
• E)None of the above statements are true.

---

Definitions:

Direct Labor

Refers to the wages and benefits of employees who are directly involved in the production of goods.

Machine Hours

The total number of hours that machinery operates during a specific period for manufacturing or production processes.

Raw Materials

Raw materials are the basic, unprocessed inputs used in the manufacture of products.

Charged

Charged refers to recording or incurring an expense or cost against a company's accounts or to the process of loading a financial obligation onto a financial account.