Brian Ho Has Compiled a List of Things That Make

question 96

Multiple Choice

Brian Ho has compiled a list of things that make segments more attractive.Which one of the following items should NOT be on the list?

• A) relative power of buyers
• B) lack of powerful suppliers to control prices
• C) few substitute products
• D) competition with superior resources
• E) financial resources

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Definitions:

Confidence Interval Estimate

An interval estimate is a range of values used to estimate a population parameter, typically defined by two numbers between which a population parameter is said to lie with a certain level of confidence.

Normally Distributed Populations

Populations in which the variables of interest follow a distribution that conforms to the properties of a normal curve, implying a symmetric distribution of data around the mean.

Independent Samples

Two or more groups of data that are collected from separate and unrelated populations, with each group not influencing the others.

Degrees of Freedom

How many separate values or measures could be allocated to a statistical distribution.