Exhibit 9-2

question 77

Multiple Choice

Exhibit 9-2.The owner of a large car dealership believes that the financial crisis decreased the number of customers visiting her dealership.The dealership has historically had 800 customers per day.The owner takes a sample of 100 days and finds the average number of customers visiting the dealership per day was 750.Assume that the population standard deviation is 350. Refer to Exhibit 9-2.The population parameter to be tested is ___________.

• A)The average number of 750 customers per day
• B)The proportion of customers visiting the dealership per day
• C)The mean number of customers visiting the dealership per day
• D)The standard deviation of the number of customers visiting the dealership per day

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Definitions:

Idea's Value

The intrinsic or perceived worth of an idea, based on its potential impact, innovation, and usefulness.

Final Application

The ultimate or last in a series of steps, processes, or applications, often implying a conclusion or end result.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and shape its employees' behavior and attitudes.

Quality Products

Goods that meet or exceed customer expectations in terms of durability, reliability, performance, and design.