Quiz 4- Assignment due on D2L Due On Oct 4 PDF

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Question 2 (1 point)
Of 998 people who try our product, we expect 66% to continue
buying it. The average person buys the product 16 times per
month for 7 months of the year. How many units can we expect to
sell in the 7 month period given these customer retention numbers?

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Question 2 (1 point) Of 998 people who try our product, we expect 66% to continue buying it. The average person buys the product 16 times per month for 7 months of the year. How many units can we expect to sell in the 7 month period given these customer retention numbers? Question 2 options: 36886 10539 73772 4610

Question 3 (1 point) Evan’s business makes complete sound system and they are trying to determine their sales projections for next month. Their sales area has 530 households, and on average they find that 6% of the households try their product per month for the first time. This month, they sold their complete sound system to 137 individuals representing separate households, and they expect to get about 66% back again next month. The average consumer comes in 4 times a month and buys 2 complete sound system. How many complete sound system should Evan expect to sell in the next month? Question 3 options: 912

228 456 1025

Question 4 (1 point) Reeti’s business makes couches and they are trying to determine their sales projections for next month. Their sales area has 944 households, and on average they find that 86% of the households try their product per month for the first time. This month, they sold their couches to 590 individuals representing separate households, and they expect to get about 79% back again next month. The average consumer comes in 4 times a month and buys 2 couches. How many couches should Reeti expect to sell in the next month? Question 4 options: 770 3080 1540 6164

Question 5 (1 point) Assume we have the following sales figures 2030 : $100000 2031 : $124000

2032 2033 2034 2035

: : : :

$144000 $172000 $197000 $213000

Given this information, what was our average compounded annual growth rate over the aforementioned years? Question 5 options: 12.56 16.32 13.43 11.84

Question 6 (1 point)...