THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 113

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
According to the Internal Revenue Service,80% of all tax returns lead to a refund.A random sample of 100 tax returns is taken.
-What is the probability that the sample proportion exceeds 0.85?

Recognize the use of social media in emergency response and disaster management.

Identify the key aspects of managing online reputations and responses in various industries.

Comprehend the significance of consumer-generated media and its impact on companies.

Understand the concept of a filter bubble and its effects on internet search results.

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Definitions:

Market Segmentation

The process of dividing a target market into smaller, more defined categories based on characteristics like needs, preferences, or identity.

Similar

Having a resemblance in appearance, character, or quantity, without being identical.

Market Segmentation

The process of dividing a market into distinct subsets of consumers with common needs or characteristics.

Surveys

A method of collecting data from a predefined group of respondents to gain information and insights on various topics of interest.