The JOSupplies Company Buys Calculators from a Korean Supplier

question 71

Multiple Choice

The J.O.Supplies Company buys calculators from a Korean supplier.The probability of a defective calculator is 10 percent.If 100 calculators are selected at random,what is the standard deviation of the number of defectives?

• A)9.00
• B)3.17
• C)9.49
• D)3.00

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Definitions:

Marketing Research Approach

A methodology used to gather, analyze, and interpret data about a market, including information about target audiences, competitors, and the effectiveness of marketing strategies.

Time Frame

A specific period during which an event occurs or an objective is supposed to be achieved.

Constraint

A limitation or restriction that may impede the progress or success of a project or organization.

Observational Data

Facts and figures obtained by watching how people actually behave, using mechanical, personal, or neuromarketing data collection methods.