Consumers will likely avoid a shelf like this (see picture b…

Consumers will likely avoid a shelf like this (see picture below). Even when the product may be very popular, the scarcity and disorder on the shelf make them think that many strangers were already here, touched all the products, and messed up everything. This is an illustration of:  

Froot Loops is re-launching their cereal straws, a popular p…

Froot Loops is re-launching their cereal straws, a popular product they had in the early 00s and that they discontinued in 2005 as sales were dramatically decreasing. Since they want to appeal to their past consumers, they want to design an ad that triggers nostalgia and thoughts about the past and the marketing will be all about this instead of about the taste or nutritional aspects of the product. Which ad do you think would be more effective for the brand’s purpose?   a.   b.   c.

A population has a mean of 200 and a standard deviation of 5…

A population has a mean of 200 and a standard deviation of 50.  Suppose a sample size of 100 is selected out of population size of 10,000 and sample mean is used to estimate the population mean.  The probability that the sample mean will be within +/- 3 of the population mean is 0.6828.