An Auto Parts Chain Asked Customers to Complete a Survey

question 81

Multiple Choice

An auto parts chain asked customers to complete a survey rating the chain's customer service as average,above average,or below average.The following shows the results from the survey: The proportion of customers who felt the customer service was Average is the closest to _______.

• A) 0.20
• B) 0.33
• C) 0.46
• D) 0.53

Interpret the significance of economic indicators and theories in understanding social inequality.

Analyze the complexities of class locations and how they affect individual and group identity within the societal hierarchy.

Understand the role and impact of social class in determining life chances and access to resources.

Recognize the mechanisms through which social inequality is maintained and challenged within society.

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Definitions:

Trade in Goods

The buying and selling of physical products between countries, regions, or within the same country.

Net Inflow

The total amount of something (such as capital or goods) entering a location minus the amount leaving it.

Services

Intangible activities or benefits that an organization provides to consumers in exchange for money or some other value.

Dollar Rate

The exchange rate of a currency against the US dollar.