The Demand for a Particular Service May Be

question 5

Multiple Choice

The demand for a particular service may be:

• A)dependent or independent.
• B)fixed quantity or fixed period.
• C)variable or static.
• D)tangible or intangible.
• E)continuous,discrete,or periodic.

Identify appropriate statistical techniques for comparing groups or treatments.

Interpret the results and p-values from statistical tests to make informed decisions.

Recognize the use and implications of non-parametric tests, such as the Kruskal-Wallis and Friedman tests.

Apply statistical analysis to real-world scenarios, such as TV show ratings, advertisement efficiency, song ratings, and demographic studies.