Purchase Solution

Not what you're looking for?

Suppose that a business researcher is attempting to estimate the amount that members of a target segment spend annually on detergent and wants to use a Z-value of 1.96. If past research studies with this target market segment have shown that the standard deviation for this type of study was approximately \$3.12, approximately what sample size should the researcher use?

a) 43
b) 87
c) 59
d) None of the above

##### Solution Preview

A critical component of sample size formulas is the estimation of variance in the primary variables of interest in the study. we should use Var=Square(Standard deviation ) = (3.12)^2= 9.73 in this question.
<br>
<br>However, some other important variables are ...

##### Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

##### Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

##### Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.