A Consumer Buys a Printer for Her Computer, and Receives

question 69

Multiple Choice

A consumer buys a printer for her computer, and receives a money-back offer.To get the premium, she has to mail in a form requesting the money back from the manufacturer, rather than the retailer.What kind of premium is this?

• A)rebate
• B)self-liquidating premium
• C)coupon
• D)free premium

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Definitions:

Control Limits

Statistical boundaries set in quality control processes to identify when a process is out of control, based on specifications or historical performance data.

Upper Control Limit

The highest value a process variable can reach before it is considered to be out of control in a statistical quality control chart.

Sample Proportion

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

Level Shift

A sudden change in the baseline level of a time series dataset.