John’s Shop markets goods and services to individuals and organizations for purposes other than personal consumption. As defined, John’s Shop is categorized as _____________________________.

To be useful, a marketing segmentation scheme must produce segments that meet four basic criteria. Which of the following is NOT one of those criteria? 

Suppose you collect the following 75 observations.  The data has been sorted in ascending order.   2.41 37.24 46.04 61.39 82.39 4.85 37.25 47.11 61.4 84.23 6.82 37.25 47.28 63.25 88.28 7.68 37.92 50.58 63.91 90.27 8.89 39.28 51.51 64.17 90.82 15.27 39.79 51.74 65.74 91.95 20.43 40.72 51.98 68.77 94.47 20.91 41.93 52.64 68.87 98.81 21.96 42.65 52.81 69.66 99.12 24.42 42.67 54.31 69.68 103.15 29.02 43.27 54.58 71.01 105.42 30.73 43.42 55.06 73.42 107.99 34.22 43.93 58.43 74.51 108.12 34.36 45.56 59.33 79.44 109.25 35.67 45.85 60.17 79.69 115.34   Suppose you setup a frequency distribution with classes 0.00 to 19.99,  20.00 to 39.99,  40.00 to 59.99,  60.00 to 79.99,  80.00 to 99.99 and 100.00 to 119.99.   What is the second largest class?

Suppose you asked 80 people what is their favorite national park in the United States.  You have collected the following 80 responses.  The data has been sorted.   Big Bend Glacier Rocky Mountain National Park Yellowstone Big Bend Grand Canyon Rocky Mountain National Park Yellowstone Big Bend Grand Canyon Rocky Mountain National Park Yellowstone Big Bend Grand Canyon Rocky Mountain National Park Yosemite Big Bend Grand Canyon Smoky Mountain National Park Yosemite Big Bend Grand Canyon Smoky Mountain National Park Yosemite Glacier Grand Canyon Smoky Mountain National Park Yosemite Glacier Grand Canyon Smoky Mountain National Park Yosemite Glacier Grand Canyon Smoky Mountain National Park Yosemite Glacier Grand Canyon Smoky Mountain National Park Yosemite Glacier Rocky Mountain National Park Smoky Mountain National Park Yosemite Glacier Rocky Mountain National Park Smoky Mountain National Park Yosemite Glacier Rocky Mountain National Park Smoky Mountain National Park Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion Glacier Rocky Mountain National Park Yellowstone Zion   What is the largest category?

Suppose daily sales at a restaurant follow a normal distribution with a mean of $6,000 and a standard deviation of $800.   What is the probability that daily sales will be less than $5,100?

Suppose 700 students were asked whether they would attend the concert.   The students are first year, sophomore, junior, or senior standing and gave either a Yes, Maybe, or No answer.  The following shows the responses:   Will attend the concert? Class Standing Yes (Will definitely attend) Maybe No Total First Year 95 60 45 200 Sophomore 52 75 60 187 Junior 87 55 50 192 Senior 73 15 33 121 Total 307 205 188 700   Suppose a student is selected at random.   What is the probability that a student is a Sophomore and Yes will attend the concert?

Suppose 700 students were asked whether they would attend the concert.   The students are first year, sophomore, junior, or senior standing and gave either a Yes, Maybe, or No answer.  The following shows the responses:   Will attend the concert? Class Standing Yes (Will definitely attend) Maybe No Total First Year 95 60 45 200 Sophomore 52 75 60 187 Junior 87 55 50 192 Senior 73 15 33 121 Total 307 205 188 700   Are class standing and the decision to attend the concert independent events?  Why or why not?

Suppose you are given the following discrete probability distribution:   x f(x) 25          0.08 50          0.19 75          0.27 100          0.21 125          0.15 150          0.10   What is the standard deviation of this discrete probability distribution?

Suppose 700 students were asked whether they would attend the concert.   The students are first year, sophomore, junior, or senior standing and gave either a Yes, Maybe, or No answer.  The following shows the responses:   Will attend the concert? Class Standing Yes (Will definitely attend) Maybe No Total First Year 95 60 45 200 Sophomore 52 75 60 187 Junior 87 55 50 192 Senior 73 15 33 121 Total 307 205 188 700   Suppose a student is selected at random.  What is the probability that the student is a Junior or will definitely attend the concert?

Suppose x follows a triangular distribution with a minimum of 60,  a most likely value of 100, and a maximum of 145.   Find the probability that x > 115.