1. Question: Which of the following survey questions would be most likely to yield unbiased responses?

    A
    "Isn't it a bad idea to raise taxes?"

    B
    "It's a bad idea to raise taxes, isn't it?"

    C
    "Lots of people are struggling to make ends meet. Do you think taxes should have been raised?"

    D
    "What do you think of the decision to raise taxes?"

    Note: Not available
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  2. Question: What is meant by the term 'hypothesis'?

    A
    A situation that is not real

    B
    An assertion to be tested

    C
    An option in a multiple-choice question

    D
    A sub-group of respondents

    Note: Not available
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  3. Question: Which of the following is NOT an example of 'observational' market research?

    A
    The use of electronic checkout scanners to record purchase behavior

    B
    Monitoring which television channel is being watched

    C
    Analyzing people's web-browsing history

    D
    Using a focus group

    Note: Not available
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  4. Question: What is the name of the forecasting method whereby a panel of independent experts answer questionnaires in two or more rounds in order to converge on the correct answer?

    A
    The Delphi method

    B
    The Athens method

    C
    The Apollo method

    D
    The Oracle method

    Note: Not available
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  5. Question: What is the 'interquartile range' of the following data: 10, 6, 12, 8, 2, 6, 4?

    A
    4

    B
    4.5

    C
    6

    D
    Impossible to tell

    Note: Not available
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  6. Question: What is the 'median' value of the following data: 1.5, 5, 3.5, 2, 4, 2.5, 1.5, 3?

    A
    2.5

    B
    2.75

    C
    2.875

    D
    Impossible to tell

    Note: Not available
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  7. Question: Which of the following best describes the market research related term 'sugging'?

    A
    Seeking funds by pretending to be a research organization

    B
    Manipulating statistics to produce a favorable result

    C
    Exploiting market research conducted by other organizations

    D
    Using market research as a cover for generating business

    Note: Not available
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  8. Question: Which of the following is NOT typically a qualitative method of market research?

    A
    Using an on-line research community

    B
    Using a mystery shopper

    C
    Using a focus group

    D
    A survey using the Likert scale

    Note: Not available
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  9. Question: 'Scenario planning' can be used to draw conclusions about the future state of a market. Which of the following best characterizes this approach?

    A
    Comparison with past examples to predict likely outcomes

    B
    Considering multiple possible situations so that the organization can respond to a range of eventualities

    C
    Concentrating on the highest-probability outcome so a detailed contingency plan is in place

    D
    Conducting computerized simulations to model future situations

    Note: Not available
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  10. Question: Competing brands can be placed on a graph to illustrate their market positioning and thereby identify potential niches. What is the term for this analytical technique?

    A
    Brand analysis

    B
    orce-field analysis

    C
    Product placement

    D
    Perceptual mapping

    Note: Not available
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