Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

One of your employees has suggested that your company develop a new product. You decide to take a random sample of your customers and ask whether or not there is interest in the new product. The response is on a 1 to 5 scale with 1 indicating "definitely would not purchase"; 2, "probably would not purchase"; 3, "not sure"; 4, "probably would purchase"; and 5, "definitely would purchase." For an initial analysis, you will record the responses 1, 2, and 3 as "No" and 4 and 5 as "Yes." What sample size would you use if you wanted the 90% margin of error to be 0.15 or less?. (Round your answer up to the nearest whole number.)

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92269266
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Dscuss the resource-based view of competitive advantage

Discuss the resource-based view of competitive advantage. What are the characteristics of resources that may yield sustainable competitive advantage? Describe the role that Information systems can play in creating sustai ...

How are the needs for affiliation intimacy and power

How are the needs for affiliation, intimacy, and power similar to and different from needs for inclusion, control and affection?

Miriam is a senior manager for an international chain of

Miriam is a senior manager for an international chain of fitness centers. Two suppliers provide exercise machines for her company. Which of the following is the wisest advice on how Miriam should manage her suppliers? 1. ...

1nbspsignificance of the study describe the research

1.  Significance of the study . Describe the research questions targeted to be addressed in Article 1, 2 and their significance. 2.  Method of data collection . Describe the methods used in data collection and their appr ...

List the 3 ways to identify an opportunityname 3 techniques

List the 3 ways to identify an Opportunity? Name 3 techniques for generating ideas? Describe what is a business plan is?

Economic home work explain the difference between cost in

Economic home work: explain the difference between cost in short run and long run, supporting your answer with graphs and examples where needed.

Given an undirected graph with both positive and negative

Given an undirected graph with both positive and negative edge weights, design an algorithm to find a maximum spanning forest with the largest total edge weights.

Through history free enterprise and open markets have been

Through history, free enterprise and open markets have been the foundation of capitalism and the pursuit of dreams. As wealth has become further concentrated, what is your reaction to the future of business ethics and th ...

In mergers and acquisitions there is always a

In mergers and acquisitions there is always a pre-acquisition evaluation and post-acquisition evaluation of technology. Evaluation and control should be connected to each other. What should you know before and after the ...

You play the following game against your friend you have 2

You play the following game against your friend. You have 2 urns and 4 balls. One of the balls is black and the other 3 are white. You can place the balls in the urns any way that you'd like, including leaving an urn emp ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As