Core-based statistical areas (CBSAs) are economic reporting units used by the Census
Bureau.
Dot Miller owns a small chain of dive shops. She is interested in knowing how many
potential customers she will need to sample in several large cities within a three- to
four-hour drive of her shops located on the California coast. She wants to estimate the
mean response to a 10-point scale measuring the likelihood that they will subscribe to a
dive package which, if they take advantage of all the dives, represents a savings of 50
percent over taking the dives individually. In estimating the standard deviation in the
population for the formula for calculating the sample size for estimating a mean, Dot
can:
A) rely on the knowledge of other owners in the dive industry to share their knowledge
of surveying scuba divers.
B) use some prior knowledge about the population, undertake a pilot study or estimate
the range, and divide by 10.
C) use some prior knowledge about the population, undertake a pilot study or estimate
the range (7), and divide by 6.
D) undertake a pilot study using members of the dive population who live near the
present dive shops.
E) None of the above; if you do not have the actual standard deviation, you cannot use
the formula.
A marketing research firm, Forrester Research, released a report concluding that
developing and deploying web-based portal applications is substantially less expensive
using Microsoft technology than it is using competitive software such as a Linux/J2ee