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- A major source of revenue in Texas is a state sales tax on certain types of goodsand services. Data are compiled and the state comptroller uses them to project future revenuesfor the state budget. One particular category of goods is classified as Retail Trade. Four years ofquarterly data (in $millions) for one particular area of southeast Texas follow:Quarter Year 1 Year 2 Year 3 Year 41 218 225 234 2502 247 254 265 2833 243 255 264 2894 292 299 327 356Compute the Q1, Q2, Q3, & Q4 forecasts for Year 5 given the fact that this data is known to beaffected by: Irregular effects Seasonal effects Trending effectsGeneral Mills, Inc., is the owner of the Betty Crocker brand. The Betty Crocker catalogue sells cooking equipment and tableware and was initially targeted to women 45 and older. In 2001, General Mills decided to revamp the catalogue to reach women between the ages of 25 and 45. What demographic variables did General Mills use to segment its market? O a. benefit and age O b. gender and age O c. gender, age, benefit, and family life cycle O d. income and gender Oe. benefit and genderA marketing firm would like to test-market the name of a new energy drink targeted at 18- to-29-year-olds via social media. A study by the Pew Research Center found that 37.6% of U.S. adults (18 and older) do not use social media as of Oct. 2015. The percentage of adults age 30 and older is 70.1% of the population. In addition, we know that the percentage of the U.S. adult population that is either 18-29 or uses social media is 67.7%. You should construct fill out a contingency table for this information. You can construct a hypothetical 1000s table or a probability table. To answer the following question What is the probability that a randomly selected U.S. adult is aged 18-29?
- 2) We can segment business markets with some of the same variables we use in consumer markets, such as geography, benefits sought, and usage rate, but business marketers also use other variables. Which of the following best describes a scenario in which Meredith Corporation uses another variable in its segment business market? a Meredith Corporation creates different versions for different regions, modifying the copy to better serve the specific target market. b Meredith identifies the economic status of a market region and raises its product's price so that profits will increase. Meredith Corporation feels that if the consumer has the equity to pay a higher price and wants the product, he will pay more. c Meredith identifies with one segment market and sells only to that market. d Meredith Corporation creates multiple names for the same product, based on local psychographics. e Meredith creates unique associations to low cost and convenience in an overlooked niche market.I need answer typing clear urjent no chatgpt used i will give 5 upvotes To prepare for this problem, read carefully the Application box on How Consumers Respond to Tax Rebates. 1.) Evidence suggests that the 2001 tax rebates were A.initially spent by consumers who later increased their saving. B. almost entirely spent by consumers, ○ C. initially saved by consumers who later increased their spending. ○ D. almost entirely saved by consumers.1. President Obama achieved a strong victory in 2012. Were the voters giving him a mandate for a program of action? If so, what is that program?2. Would you prefer campaigns to be less money driven and professionally organized from the top and more grassroots in nature? If they were, would you participate in them? In what ways would you like to participate?3. How does the emphasis on marketing and positioning political candidates affect the kind of issues that get debated in a campaign? In the 2012 presidential election, what issues would you have liked to see addressed that weren’t?4. How does the need to raise such large sums of money to pay for professionally run campaigns affect the political program of a candidate? Are there issues that you think are left out because of the influence of large campaign contributors?
- 1. The marketing concept states that a firm must put consumer needs first, even if it means foregoing satisfactory profits. a. True b. False 2. John wants to start his own fruit juice and beverage company. He is aware of the large number of competitors in this industry and of the fact that his product should not be very costly. To differentiate his product from that of his competitors, he decides to sell his beverages in specially designed containers that keep the juice fresh for 7 days even without refrigeration. John is focusing on the _____component of the marketing mix. a. Place b. Pricing c. Packaging d. Product 3. The sales of a product are rising rapidly and profits are peaking. This product is in the _____ stage of the product life cycle. a. Introduction b. Growth c. Maturity d. Decline 4. A(n) _____ is given to customers for accepting less of something or as an adjustment for variation in quality. a. Discount b.…Sometimes curvature in a scatterplot can be fit adequately (especially to the naked eye) by several trend lines. We discussed the exponential trend line, and the power trend line is discussed in the previous problem. Still another fairly simple trend line is the parabola, a polynomial of order 2 (also called a quadratic). For the demand-price data in the file P13_10.xlsx, fit all three of these types of trend lines to the data, and calculate the MAPE for each. Which provides the best fit? (Hint: Note that a polynomial of order 2 is still another of Excels Trend line options.)10. What is the impact of specific dollar amount of dividend on the binomial tree? What is (are) disadvantage(s) of resulting tree. How do you get around this problem.
- Paraphrase this one. Analyze and elaborate in 120 words. Time series analysis is used for non-stationary data—things that are constantly fluctuating over time or are affected by time. Industries like finance, retail, and economics frequently use time series analysis because currency and sales are always changing. Stock market analysis is an excellent example of time series analysis in action, especially with automated trading algorithms. Likewise, time series analysis is ideal for forecasting weather changes, helping meteorologists predict everything from tomorrow’s weather report to future years of climate change. Examples of time series analysis in action include: Weather data Rainfall measurements Temperature readings Heart rate monitoring (EKG) Brain monitoring (EEG) Quarterly sales Stock prices Automated stock trading Industry forecasts Interest ratesMany women love the fashionable looks and heightening effects of high-heeled shoes. But every woman knows the problems associated with wearing them. For example, they are very uncomfortable for anything more than light walking for short distances. For other activities, you’d better be packing a second pair of shoes. That’s where Day2Night Convertible Heels comes in. Created by a woman who had an epiphany after a hard night of dancing, Day2Night’s shoes instantly convert to any one of four heel sizes, from low-heeled pumps to spiked-heeled stilettos. An interchangeable heel makes these high heels a high-tech proposition. Beyond launching a line of shoes, Day2Night is looking to license the technology to other shoe manufacturers. What stage of the product life cycle best applies to Day2Night’s shoe line? As the company attempts to launch the shoes, how should it market them?Many women love the fashionable looks and heightening effects of high-heeled shoes. But every woman knows the problems associated with wearing them. For example, they are very uncomfortable for anything more than light walking for short distances. For other activities, you’d better be packing a second pair of shoes. That’s where Day2Night Convertible Heels comes in. Created by a woman who had an epiphany after a hard night of dancing, Day2Night’s shoes instantly convert to any one of four heel sizes, from low-heeled pumps to spiked-heeled stilettos. An interchangeable heel makes these high heels a high-tech proposition. Beyond launching a line of shoes, Day2Night is looking to license the technology to other shoe manufacturers. After viewing the video featuring Day2Night Convertible Heels, answer the following questions: Based on the stages of new product development, discuss how Day2Night was likely developed. What stage of the product life cycle best applies to Day2Night’s shoe…