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Q: What percentage of customers choose to pawn an item instead of selling it?
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Continue Learning about Statistics

What is the percentage of Americans who choose an unhealthy snack over a healthy snack?

87%


What is meant by a random sample?

When you choose something at random... like if you have 2 blue socks and 1 white sock what sock are you more likey to choose...... blue


What is the value of the binomial coefficient for 500 choose 100?

1000


What does the word select mean?

To choose one of a series of options.


Briefly explain the procedure for determining the sample size in marketing research?

If you're running a survey or a test, how many responses do you need for your data to be "statistically valid?" It's often a difficult goal to achieve, but without valid data, you can't trust your test results.When you're determining the statistical validity of your data, there are four criteria to consider.1. Population: The reach or total number of people to whom you want to apply the data.2. Probability or percentage: The percentage of people you expect to respond to your survey or campaign.3. Confidence: How confident you need to be that your data is accurate. Expressed as a percentage, the typical value is 95% or 0.95.4. Margin of Error or Confidence Interval: The amount of sway or potential error you will accept. It's the "+/-" value you see in media polls. The smaller the percentage, the larger your sample size will need to be.For example, if 45% of your survey respondees choose a particular answer and you have a 5% (+/- 5) margin of error, then you can assume that 40%-50% of the entire population will choose the same answer.Armed with these basic concepts, you can use the Sample Size Calculator and Confidence Interval Calculator at Survey System.In addition, this post on Marketing Profs clearly outlines how to decide whether your sample size is statistically valid. Wade Nelson did an excellent job of explaining the process and even included a link to another free sample size calculator.

Related questions

How does information technology help in sales?

Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.Things can be bought and sold online. People can advertise their products. Selling online means the seller has a potentially much wider range of customers in their reach. People can choose from a wider range of products. Selling online can be cheaper as some businesses will choose to close their shops and do all of their selling online.


What are six factors that determine the retail store image?

Their location, the customers, what they are selling, and the building that they choose. If they are a corporation or chain they will look a certain way as well.


Who is shopping online?

Most of the customers wants to save their time and money while they shop. so they choose online shopping, instead of going to shopping malls and centers!


How do I choose the correct online marketing tools?

It depends on how you would like to market a product, and what you are marketing. You can do it actively, through ads and e-mails advertising what you are selling, or you can do it passively, allowing possible customers to find you.


How do the non customers of a company contribute to improve that company?

Actually, you can learn a lot from your non-customers. You can learn why they don't choose your company, and why they prefer some other company instead. You can learn about their perception of your products or their beliefs about your company's reputation. Through doing market research of non-customers (surveys, focus groups, etc), you can find out where your weaknesses are, and that can lead to improvement in your company.


What is customer value?

Customer value is benefits and costs that customers get. Customers choose products according to value that the company create for themselves.


Can a Avon Rep choose to have only Direct Delivery with her customers or does she HAVE to physically deliver?

you can choose direct delivery but there is an extra charge


Choose the terms that are used for the buying and selling of goods.?

supply and demand


What is the difference between selling and marketing?

Selling is the simple trade in goods and commodities, exchanging them for money. Marketing is the promotion or advertising of a product or products, which does not have to involve the actual act of selling at all, but is designed to encourage buyers or investors to choose the items or services being offered above other competitors.


Can A 13 year old choose to live with Grandparents instead of parents in California?

No. You can choose when you are 18.


What are the different iMac screen sizes that customers have to choose from?

The iMac comes in two different screen sizes. Customers can choose from the smaller 21.5 inch screen or the larger 27 inch screen. Both options are available ion their website.


What is a sentence that uses choose and chose?

I could choose to go to the party, but instead I chose to stay home.