Suppose the Proportion of Students in a Simple Random Sample

question 34

Multiple Choice

Suppose the proportion of students in a simple random sample who own a tablet computer is .80 and the proportion of students that do not own a tablet is .20.What are the odds that a student owns a tablet?

• A)4
• B).25
• C)1
• D)None of the above

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Definitions:

Marketing Channel

A marketing channel consists of the individuals, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption.

Basic Product

The essential features or the core benefit that a consumer receives from a product, excluding any additional features, branding, or packaging.

Vertical Marketing Systems

Professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact.

Contractual

Relating to, secured by, or involving an agreement between two or more parties, especially one enforceable by law.