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________ Are Less Frequently Purchased Consumer Products and Services That

question 10

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________ are less frequently purchased consumer products and services that customers compare carefully on suitability,quality,price and style.Consumers spend much time and effort in gathering information and making comparisons about these products.


Definitions:

Expected Rate

Expected rate often refers to the return anticipated on an investment or project in the future, taking into account the risk and uncertainties associated with it.

Standard Deviation

A measure of the dispersion or variability around the mean of a set of data values, often used in finance to gauge investment risk.

Correlation Coefficient

A numerical measure ranging from -1 to 1 that represents the degree to which two variables are linearly related.

Covariance

Covariance is a measure indicating the extent to which two random variables change in tandem from their expected values.

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