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Setler [38]
1 year ago
8

The manager of the only bowling alley in town wants to know how often the average person in his town goes bowling. He leaves a q

uestionnaire at the front desk of his bowling alley with a sign that asks for customer input. Will this survey method give a good sample?
Business
1 answer:
nalin [4]1 year ago
6 0

Answer:

<h2>In this case,the survey method or the questionnaire method employed by the bowling alley manager can be an effective method of data collection through a reasonably considerably sample size and composition.</h2>

Explanation:

  • In statistical data collection process,the questionnaire method is considered to be one of the most suitable and preferred methods or techniques of data collection considering various types of research topics.
  • The questionnaire method of data collection can save considerable amount of time and effort and financial to reach and cover the actual target population of the concerned research as the researcher can just distribute the questionnaire copies randomly to various people within the target population of research or study thereby, avoiding the hassle of personally approaching people and getting responses.
  • Furthermore, questionnaire method can ensure coverage of relatively large sample size within less time period and without having to spend excessive financial and material resources. Hence, in this case, the manager of the bowling alley can simply put a questionnaire form at the entrance and request the members to fill it up at their own convenience and personal will.,which could save him the practical hassles of approaching each individual member for responses.
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48,939 patients

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Getting a college degree is a good idea because _____.
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B. because having a degree could help you with money
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Assume that a six-firm cartel supplies 500 million units of Whatailsya energy drink at a price of $5.00 per unit. Each firm supp
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Answer:

<u>The net gain for the firm cheating the cartel is US$ 183 million (rounding the answer to the nearest million).</u>

Explanation:

1. Let's review all the information provided for solving this case:

Number of firms that supply  Whatailsya energy drink = 6

Amount of production of the cartel of six firms = 500 million units

Price of the energy drink = US$ 5

Amount of production of the firm that decided to break the cartel = 50 million extra units

Price after the extra production is sold = US$ 4.50

2. Let's find the individual production of each firm before and after the 50 million extra units and the net gains for the cheating firm.

Individual production of each firm of the cartel = Amount of production of the cartel/Number of firms

Individual production of each firm of the cartel = 500 million units/6

Individual production of each firm of the cartel = 83.33 million units

Individual sales of each firm before the 50 million extra units = Individual production * Price of the energy drink

Individual sales of each firm before the 50 million extra units = 83.333 million * 5

Individual sales revenue of each firm before the 50 million extra units = US$ 416.666 million

New production amount of the firm cheating the cartel = 83.333 + 50

New production amount of the firm cheating the cartel = 133.333 million units

Price of the energy drink after the extra production is sold = US$ 4.50

New sales revenue of the firm cheating the cartel = New production amount * Price of the energy drink after the extra production is sold

New sales revenue of the firm cheating the cartel = 133.333 million * 4.50

New sales revenue of the firm cheating the cartel = US$ 600 million

Net gain of the firm cheating the cartel = New sales revenue of the firm cheating the cartel - Individual sales of each firm before the 50 million extra units

Net gain of the firm cheating the cartel = 600 million - 416.666 million

Net gain of the firm cheating the cartel = 183.333 million

<u>Net gain of the firm cheating the cartel = US$ 183 million (rounding the answer to the nearest million)</u>

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1 year ago
During a presentation, a prospect says, "I like the product, but I won't buy
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Answer:

I believe the best and most correct answer is A.)

Explanation:

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The Petit Chef Co. has 11.3 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments
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Answer:

The yield to maturity is 9.127%

Explanation:

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YTM = C + {(F - P) / n}  /  {(F + P) / 2}

Where,

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The coupon payment = 1000 * 0.113 = 113 per year

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YTM = 0.09127 or 9.127%

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1 year ago
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