Unlike deductive conclusions, empirical conclusions are inferences— inductive conclusions. As such, they are statements of the probability that A “produces” B based on what we observe and measure. (Pg. 151) B. C. Sales failing to increase following a promotion. Having ruled out other causes for the flat sales, we were left with one inference that was probably but not certainly the cause: a poorly executed promotion.
I am somewhat confident with my answer because I used simulation process correctly to find the loss of revenue and also, I used random numbers for calculating this. There are some limitations with the simulation process. The first one is that the cumulative weeks will generally not add up to accurate 52 as in my work, the final cumulative week comes as 50.968 so this is not the revenue lost in exactly 1 year. Also, if we apply simulation again then we will get the different answer for revenue loss. Therefore, it is better to apply simulation a number of times and then take the average of all those
P(x) =x^2 – 4000x + 7800000 3800000 = x^2 -4000x + 7800000 answer: number of items sold= 2000 X^2-4000x+4000000=0 (x-2000) ^2=0 X=2000 P(2000) =3800000 6. The value of a machine depreciates according to the function f(x)=20000(1/2)x , where x is the time in years from the purchase of the machine. Find its value after 3 years. 1(x)=200000(1/2)^x 20,000(.5)
It could be argued it doesn't really help the patient; it just makes their behavior more acceptable to others. As well patient’s behavior may just be superficial. They might only produce desirable behavior knowing they’re going to receive a token. Showing that token economy isn't
If they want to cut this by a factor of three to get it down to $4000, they need to multiply the sample size by 3^2=9, and get a sample size of 25×9= 225. Here is how we can calculate it more directly. We want ME = 4000, and we know ME = 2×SE. Therefore, SE = ME/2 =2000, and also, SE = SD/Square root of sample size. So, 2000 = 30000/Square root of sample size.
He admitted that he had been complacent about his customers, saying that he had adopted the “ If it’s not broken, why fix it?”’ approach to customer relations. He also asked what an “internal customer was- was it that staff members who bought widest under the employee discount scheme at discounted
Finally, they say that seller helps customers with special offers or nice discount for customer when he thinks about product. In paragraph two the writers say about skill the foot-in-the-door technique, “once someone has agreed to the small action, he or she is more likely to agree to a larger request” (504). By this statement, the writers suggest the small deals guide to big deals. Maybe the writers thought that first technique works perfectly in real life but I don’t think they were right or got the point. As my job, I have not seen a lot of customers those never think about small things and get big items.
There were some WorldCom directors who made entries, but didn’t know what they were for and GAAP support (Mintz & Morris, "Case 2-1 Cynthia Cooper and WorldCom," 2011). An audit committee meeting took place, where the truth was reveled about the “prepaid capacity” and the misleading entries. It was mentioned that there were good business reasons but no accounting rationale for the entries (Cynthia Cooper and WorldCom). According to Mintz, “the due care standard calls for continued improvement in the level of competency and quality of services by performing professional services to the best of one’s abilities” (Mintz and Morris, Ch.1, 2011). Mintz, S. M., & Morris, R. E. (2011).
For example, in both surveys there is an approximately a 60/40 split on customer satisfaction for customer service representatives being courteous (Apollo Group, Inc., 2011). Instead of looking to improve on their products and services, perhaps the company should be looking to their customer service. The marketing objective could improve the amount of people agreeing with the level of customer service. Customer service is as important, if not more so, than the products themselves. If a customer is not happy with service they received in a store, they are more likely not to return regardless of the quality of the product.
It helps the consumer save and also helps the economy in a positive way. Caves argument is consumers being easily convenience by big cooperations and finds it morally disgusting. Caves states that critic Thomas Frank , author "The Conquest of Cool" while he was browsing into San Fransico's flagship store there was Old Navy signs that would exclaim "priced so low, you can't say no," (268,Cave). The look on Franks face was in fact not conniving enough to be seduced by Old Navy's signs. Cave quotes, "Oh God, this is disgusting," (268, Frank) I disagree that it is disgusting.