Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In presenting a report to a group of grocery store managers, a researcher stated the following: The data from the judgment sample of 10

In presenting a report to a group of grocery store managers, a researcher stated the following: " The data from the judgment sample of 10 grocery stores were analyzed, and the results show that the 95 percent confidence interval for average annual sales in the population of grocery stores is $1,000,000 +/- $150,000."

A. As far as the audience is concerned, what is wrong with this statement?

B. Rewrite the statement. Be sure to include all the relevant information while correcting the problem.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Services Marketing Concepts, Strategies, & Cases

Authors: Douglas Hoffman, john Bateson

4th edition

1439039399, 978-1439039397

More Books

Students also viewed these Marketing questions

Question

11. Are your speaking notes helpful and effective?

Answered: 1 week ago

Question

The Goals of Informative Speaking Topics for Informative

Answered: 1 week ago