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You and Your Room-Mate Would Like to Purchase a Projection

Question 47

Essay

You and your room-mate would like to purchase a projection TV for your apartment.You have gathered the following information about the two leading models:
 Factors  Xenabox 1000  Bigscreen 1050  Screen size 50 inch 50 inch  Picture Quality  great  good  Cost $1300$1200 Delivery Charge $50$50\begin{array}{|l|l|l|}\hline \text { Factors } & \text { Xenabox 1000 } & \text { Bigscreen 1050 } \\\hline \text { Screen size } & 50 \text { inch } & 50 \text { inch } \\\hline \text { Picture Quality } & \text { great } & \text { good } \\\hline \text { Cost } & \$ 1300 & \$ 1200 \\\hline \text { Delivery Charge } &\$50 & \$ 50 \\\hline\end{array}
You paid $750 for your current TV two years ago.
Required:
a.Which of the four factors listed above are relevant to your decision?
b.Is the cost of your old TV relevant to your decision? Why or why not?
c.Which of the factors are quantitative and which are qualitative?

Correct Answer:

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a.The picture quality and cost are relev...

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