Your Goal Is to Sell Jogging Shoes to Those 65

question 124

Multiple Choice

Your goal is to sell jogging shoes to those 65 and other who live in Florida. Here is some information you have collected: (1) There are 3 million joggers 65 and older in the U.S. (2) 600,000 of them live in Florida. (3) Florida attracts 20% of all people who move when they retire. (4) You estimate that during your first year you will capture 2 percent of the Florida joggers who are age 65 or older. (5) You estimate that your sales will increase by 25% in year 2.
-Which of the following piece(s) of information would be used to forecast your demand for year 2?

• A)3 million joggers who are 65 or older
• B)Your estimate that you will capture 2 percent of the Florida joggers in year 1.
• C)Your estimate that your sales will increase by 25% in year 2
• D)Both b and c

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Definitions:

Timbre

The quality of a sound that distinguishes it from others, even when they have the same pitch and loudness.

Wavelength

The distance between consecutive crests of a wave, typically used to measure the length of waves in the spectrum of electromagnetic radiation.

Sound Wave

A wave of pressure transmitted through air, water, or other materials, and perceived as sound.

Auditory Stimulus

A sound or noise that elicits a response from the auditory system.