You Work for a Company That Manufactures Jeans, and You

question 99

Multiple Choice

You work for a company that manufactures jeans, and you have an idea about how cold weather correlates with buying jeans. If you were implementing the scientific method for this company, which of the following actions would you do first?

• A) write a report showing how the data proves that more jeans sell in cold weather
• B) predict that more of the company's jeans will sell in January than in July
• C) collect data to prove that jeans will sell more in January than in July
• D) distribute surveys to find out how cold weather affects customers
• E) assert that cold weather makes people buy more jeans

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Definitions:

U.S. Trade Deficit

The situation where the total value of goods and services imported by the United States exceeds the total value of its exports, reflecting a gap in trade balance.

Trade Surplus

A situation in which a country's exports exceed its imports during a specific period of time.

Rate Of Exchange

The worth of one currency when converted into another.

Pound

The currency unit of the United Kingdom, also known as the pound sterling, symbolized by £.