Respondents Can Misunderstand,guess,lose Attention,suffer Distractions,and Suffer Respondent Fatigue,which Are All

question 78

True/False

Respondents can misunderstand,guess,lose attention,suffer distractions,and suffer respondent fatigue,which are all examples of intentional respondent error and they all contribute to sampling error.

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Definitions:

Seasonal Demand

Fluctuations in the market demand for certain products or services that occur at specific times of the year.

Yield Management Pricing

A pricing strategy that adjusts prices based on changes in supply and demand, commonly used in the airline and hotel industries.

Skimming Pricing

A pricing strategy where a product is initially sold at a high price to target customers who are less price-sensitive, before gradually lowering the price.

Prestige Pricing

A pricing strategy where prices are set higher than average to project exclusivity, quality, or luxury, appealing to consumers' status and prestige.