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P&T Inc.
P&T Inc.is an emerging company that wants to focus on personal selling,sales promotion,and public relations activities.P&T's management understands that personal selling is about the personal communication aimed at customers,but they feel that determining more specifics about the products they sell will allow them to better achieve their goal.Another important route they would like to take is to learn more about the various types of sales promotion.Finally,management would like to focus more on publicity-based PR.By concentrating on these areas,the company believes that it will be able to successfully create a promotional campaign.
-Refer to P&T Inc.P&T management could use sales promotions for any of the following objectives except:
F-test
is a statistical test used to compare the variances of two populations, based on sample variances, to assess the equality of the populations' means.
Hypothesis
A proposed explanation or prediction about a phenomenon that can be tested through research and experimentation.
Sales Dollars
The total revenue generated from sales, expressed in dollars.
One-tailed T-test
A statistical test used to determine if a sample mean significantly exceeds or is significantly less than a hypothesized value.
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