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A Study Was Recently Done in Which 500 People Were

question 109

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A study was recently done in which 500 people were asked to indicate their preferences for one of three products.The following table shows the breakdown of the responses by gender of the respondents. A study was recently done in which 500 people were asked to indicate their preferences for one of three products.The following table shows the breakdown of the responses by gender of the respondents.   If the people conducting the study wish to assess the probability that product A will be preferred by members of the target population,the method of assessment to be used would most likely be: A) classical probability assessment. B) subjective assessment. C) relative frequency of occurrence. D) independent events. If the people conducting the study wish to assess the probability that product A will be preferred by members of the target population,the method of assessment to be used would most likely be:

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Definitions:

Private Individuals

Persons who are acting in their own personal capacity and not on behalf of a company, organization, or government.

Employment Decisions

Choices made by employers related to hiring, firing, promoting, demoting, and other employment-related actions.

Business Law

The body of law that governs the rights, relations, and conduct of individuals and businesses engaged in commerce, merchandising, trade, and sales.

Criminal Law

The body of law dealing with crimes against the state or conduct detrimental to society as a whole, prescribing punishment for offenders.

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