use the percentage of 36 - 50 year olds who agree with the statement “i would buy this product” to calculate…

use the percentage of 36 - 50 year olds who agree with the statement “i would buy this product” to calculate the sales potential for a target population of 95,000 36 - 50 year olds.\n\n| | age in years |\n|--|--|--|\n| | 20 - 35 | 36 - 50 |\n| agree | 20 | 11 |\n| somewhat agree | 18 | 11 |\n| somewhat disagree | 7 | 15 |\n| disagree | 5 | 18 |\n?\npeople

use the percentage of 36 - 50 year olds who agree with the statement “i would buy this product” to calculate the sales potential for a target population of 95,000 36 - 50 year olds.\n\n| | age in years |\n|--|--|--|\n| | 20 - 35 | 36 - 50 |\n| agree | 20 | 11 |\n| somewhat agree | 18 | 11 |\n| somewhat disagree | 7 | 15 |\n| disagree | 5 | 18 |\n?\npeople

Answer

Explanation:

Step1: Calculate the total number of 36 - 50 year olds surveyed

$11 + 11+15 + 18=55$

Step2: Calculate the percentage of 36 - 50 year olds who agree

$\frac{11}{55}\times100% = 20%$

Step3: Calculate the sales potential

$0.2\times95000 = 19000$

Answer:

19000