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Re: It has been our practice to offer the Kelley Blue Book value for all t [#permalink]
Sajjad1994 Plz provide the official solution
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Re: It has been our practice to offer the Kelley Blue Book value for all t [#permalink]
Expert Reply
 
Deepa444 wrote:
Sajjad1994 Plz provide the official solution

Official Explanation

­1. Consider each of the following statements. Does the information in the three sources support the inference as stated?

Statement 1:
 The owner’s inquiry does not indicate an unwillingness to accept trade-ins. He expresses concern about how value is assigned to the cars traded in.

Answer: No

Statement 2: The average decline in the value of the car is suggested by the slope of the trend line on the graph of used-car prices. That slope is –940.04, indicating a decline of about $940 per year.

Answer: No

Statement 3: Although the sales manager feels strongly that make and model should be a factor, the researcher does not attach importance to those factors.

Answer: No
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Re: It has been our practice to offer the Kelley Blue Book value for all t [#permalink]
Expert Reply
 
Deepa444 wrote:
Sajjad1994 Plz provide the official solution

­
Official Explanation

2. Consider each of the following statements. Does the information in the three sources support the inference as stated?

Statement 1: The owner’s objection to the Kelley Blue Book value is that it requires the sales staff to make an assessment of the condition of the tradein, and that has been a problem. He suggests a new policy that does not consider the condition.

Answer: Yes

Statement 2: Although the owner sees the assessment of value as an area of difficulty, there is no indication of the reason for his concern. As a result, it is not possible to determine whether additional training for the staff would solve the problem.

Answer: No
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Re: It has been our practice to offer the Kelley Blue Book value for all t [#permalink]
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