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When discussing sampling plans, give an example of a company that most likely uses sampling plans in their market research. Explain the benefits of this company using sampling plans before conducting their market research.

User RageZ
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Final answer:

A smartphone manufacturer is an example of a company that uses sampling plans in their market research to collect feedback from a representative group of their target market.

Step-by-step explanation:

An example of a company that most likely uses sampling plans in their market research is a smartphone manufacturer. Before launching a new model, they might select a sample of their target market and gather feedback on features, design, and pricing. By using sampling plans, the company can save time and money by collecting data from a smaller group of people that represents the broader population. This allows them to make informed decisions about their product based on the feedback received.

User Kellen Donohue
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