If a Business Manager Selected a Sample of Customers and Computed

question 129

Multiple Choice

If a business manager selected a sample of customers and computed the mean income for this sample of customers, she has computed:

• A) a statistic.
• B) an ordinal value.
• C) a nominal value.
• D) a parameter.

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Definitions:

Emotional Appeals

A persuasive technique that targets the audience's emotions to elicit a response or influence opinions.

Comparative Advantages

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.

Criteria Satisfaction

A method used in decision-making or persuasive argumentation that involves meeting established standards or requirements to achieve a desired outcome.

Organizational Pattern

The structured arrangement of ideas and details in written or spoken form, used to enhance clarity and comprehension.