There Are Various Non-Profit Publications Dedicated to Assist in Consumer

question 119

Multiple Choice

There are various non-profit publications dedicated to assist in consumer education and decision making.Examples of these public sources of information for an external information search include __________, government agencies, and T.V."consumer programs."

• A)advertisements
• B)Consumer Reports magazine
• C)sales personnel
• D)friends and relatives
• E)point of purchase displays

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Definitions:

Populations

The entire pool from which a statistical sample is drawn and to which inferences are aimed in statistics.

Expected Value

The long-term average or mean of a random variable over many trials or occurrences.

Sampling Distribution

The arrangement of probability for a specific statistic, following the analysis of a randomly selected sample.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about the population from which the sample was drawn.