TABLE 8-8 the President of a University Would Like to Estimate the Estimate

question 196

True/False

TABLE 8-8
The president of a university would like to estimate the proportion of the student population that owns a personal computer. In a sample of 500 students, 417 own a personal computer.
-Referring to Table 8-8, a confidence interval estimate of the population proportion would only be valid if the distribution of the number of students who own a personal computer is normal.

---

Definitions:

Preapproach

The preparation and research phase before direct contact with a potential customer, aiming to increase the chances of a successful sales interaction.

Selling Process

A sequence of steps taken by a seller to persuade a potential buyer to make a purchase, typically including stages such as prospecting, presenting, handling objections, and closing the sale.

Need-Satisfaction

A sales approach focused on identifying and meeting the explicit needs of the customer.

Sales Presentation

A formal pitch or display of a product or service aimed at persuading potential buyers to make a purchase.