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The following 5 questions are based on this information. Suppose a random sample of 18 uber drivers was taken, and the average age X¯ of these drivers was found to be 27.5 years. Construct a 99% confidence interval for the mean age (µ) of all drivers. Assume that the age of drivers is normally distributed with a population standard deviation (σ) of 2.3 years. You need to know this for the next five questions The standard error (SE) of X¯ is Select one: a. 0.13 b. 6.48 c. 2.3 d. 0....

marketing the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large exchange people giving up something in order to receive something they would rather have production orientation a philosophy that focuses on the internal capabilities of the firm rather than on the desires and needs of the marketplace sales orientation the ideas that people will buy more goods and...

Importance of services to the economy - 55% of all US GDP - 10 out of 11 service sectors increased their revenue last year - Largest gains from Internet and Broadcasting: Google Facebook, Pandora, Spotify, SiriusM --- Interpublic Group - One of the largest How services differs from groups - Intangible - Inseparable - Heterogeneous - Perishable Intangible --- Services cannot be touched, seen, tasted, heard, or felt in the same way as goods. Tangible cues are often used to communicate a s...

Promotional Mix 1) advertising 2) public relations 3) sales promotions 4) personal selling 5) social media promotion Communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response promotional strategy a plan for the optimal use of the elements of promotion to elicit a particular response; main goal is to convince buyers that the products offer competitive advantage advertising mass communication, high ...

What is Wellness Optimal health and vitality, encompassing all the dimensions of wellbing What is Health - Overall condition of body or mind - Presence or absence of illness or injury Requirements of wellness - Life lived actively, energetically, and fully - Largely determined by our decisions Dimensions of wellness (9) - Physical - Emotional - Intellectual - Interpersonal - Cultural - Spiritual - Environmental - Financial- Occupational Physical Wellness - Eating well - Exercising ...

Six Dials of Project Scope -cost -time -quality -safety -scope -function Three-legged-stool -time -cost -quality Design-bid-build Traditional project delivery method -owner holds two separate contracts for design and build Agency CM Cons. Manager acts on the owners best interest but is not financially responsibleGMP Guaranteed Maximum Price Multiple Prime Contracting method where the owner bypasses a General Contractor and enters into multiple contracts with contractors Design-buil...

THE rule (and its variations): How is the optimal level of any activity (for consumers, firms or governments) determined? Marginal cost = marginal benefit On the 2x2 efficiency table: What effect on efficiency (total surplus) do government interventions have in a market in which originally the government had not intervened? Market works well - marginal benefit =marginal cost total surplus was maximized, and the government intervenes things will go wrong and vice versa (if it's not broke do...

By the late 1980s, which company controlled 30% of the lawn-care treatment market? ChemLawn T or F In Michigan, being certified and being licensed to apply pesticides is the same thing. False T or F Chemlawn was a chain company, i. e., company owned locations rather than franchises. true T or F Nature Lawn of America does not use pesticides. False Who owns Trugreen Chemlawn? Servicemaster

according to the US bureau of labor statistics, what percentage of growth is the available job outlook supposed to reach by the end of the decade 18 what information security position reports to the ciso and supervises technicians, administrators, and security staff? manager Which position below is considered an entry-level position for a person who has the necessary technical skills? security technician what country is now the number one source of attack traffic? Indonesia What kind of s...

Appliance Eqipment, usually built in standardized sizes or types, installed or connected as a unit Approved Acceptable to the authority having jurisdiction. American society for testing materials ASTM Authority having Jurisdiction The organization, office or individual responsible for approving equipment, installations or procedures Baffle Object placed in an appliance to change the direction, extend the path, or slow the flow of air, air-fuel mixtures, or flue gasses BOCA Building Offic...