Statistics for Management and Economics (Book Only)
11th Edition
ISBN: 9781337296946
Author: Gerald Keller
Publisher: Cengage Learning
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Chapter 5.1, Problem 5E
To determine
Important thing to prepare a questionnaire:
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Statistics for Management and Economics (Book Only)
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- Is there any graph that can support this answer?arrow_forwardA city in Metro Manila conducted a survey on selling a Modernized PUV. They have surveyed 2 questions to the 1000 Filipino jeepney drivers/operators. a. Question 1: Would you buy a Modernized PUV for P50,000/month? 20 people Would you buy a Modernized PUV for P5,000/month? 700 people Would you buy a Modernized PUV for P500/month? 900 people Would you buy a Modernized PUV for P50/month? 1000 people b. Question 2: Would you sell your Modernized PUV for P50,000/month? 950 people Would you sell your Modernized PUV for P5,000/month? 500 people Would you sell your Modernized PUV for P500/month? 90 people Would you sell your Modernized PUV for P50/month? 3 person What would be the suitable balance of price? (Hint: Use two-point formula) What would be the number of people interested?arrow_forwardPlease pass question on to someone with more knowledge. I do not like using up my questions for wrong answers.arrow_forward
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