A technology start-up company has had 5 different CEOS since it was founded. The tenures of these CEOS - the number of months that they held the position - are given in the table below. These 5 CEOS are the population you are interested in. CEO Tenure (in months) 1 12 14 19 12 1. You randomly select a sample of 2 CEOS from the population. The sample you get is CEO 3 and CEO 5. Based on this sample, what is your point estimate of the population mean of tenure? 2 3 45

[Best Buy] Best Buy is known for prioritizing their customers by having an attentive staff as a way of differentiating themselves from other similar stores. Haley is looking to purchase a new television for her apartment. She values customer support and guidance in making such a large purchase. Even though she could buy the same TV at Walmart for a lower price, Haley ultimately decides to buy the TV from Best Buy. What kind of segmentation would best describe this situation? Demographic Segmentation O Benefit Segmentation O Regional Segmentation O Usage Situation Segmentation O Product Segmentation

Select the scenario which is an example of voluntary sampling. Answer Keypad Keyboard Shortcuts Tables An airline is interested in getting feedback about their on-board catering experience. They place a questionnaire in the pocket behind each airline seat for passengers to O fill out. An urban planner is interested in determining the traffic volume along a particular road. To estimate the traffic volume, he counts the number of cars that go by during the next 30 minutes. O To determine the mean domestic electricity consumption in the region, the electric company collects data from randomly selected households in the given region. A fitness center has 400 male clients and 300 female clients. They plan to buy new equipment, so they randomly select 80 male clients and 60 female clients and ask them what equipment they use the most.

The question is the last bolded test. You need the previous questions to answer the last. Thank you for your time and help.  You are the manager of a firm that sells CR2032 batteries for car key fobs and other electronic goods.  You typically sell the fobs for $7 for a four-pack and sell an average of 27,192 four-packs per month.  Due to increased labor costs, you decide to raise the price to $9 per four-pack.  When you do this your monthly sales fall to 22,248 four-packs  Assuming that your firm’s demand function is linear (i.e., takes the form ), calculate the linear demand function 22,248-27,192/9-7= -4944/2= -2472 Demand equation as 27,192 = a-2472(7) => a=27192+17304 =>a=44,496 27192= -2472x7+b 27192= -17304+b 27192+17304=44,496 Demand function is Q= -2472P+44,496 . Using the demand function that you estimated in the previous problem  Calculate demand and total revenue when the price is $7 Q= -2472x7+44,496= -17,304+44,496= 27,192 Total revenue=PxQ=7x27,192=…