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Author Question: If the population of a city is 230,000 and its annual per person expenditure on athletic shoes is ... (Read 95 times)

tfester

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If the population of a city is 230,000 and its annual per person expenditure on athletic shoes is 45, if there are 64,688 square feet of retail space used to sell athletic shoes in this city, its index of retail saturation is _____.
 a. 3.56
  b. 12.65
  c. 159.99
  d. 330.06

Question 2

Outline the fives steps in selecting a sample.



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chjcharjto14

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Answer to Question 1

C

Answer to Question 2

Steps are:
1 . Define the population by specifying the elements, the sampling units, the extent, and the time frame.
2 . Identify the sampling frame from which the sample will be selected.
3 . Decide on a sample size, the total number of elements to include in the sample.
4 . Select a specific procedure by which the sample will be determined.
5 . Physically select the sample based on the procedure specified in step 4.





 

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