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Although More Price- Conscious Than Other Population Segments,consumers Tend to Be

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Although more price- conscious than other population segments,consumers tend to be strongly motivated by quality and selection.Brands are important.They seem to enjoy shopping more than other ethnic groups do.


Definitions:

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Theorem

A statement that has been proven on the basis of previously established statements, such as other theorems, and generally accepted operations.

Conjecture

An opinion or conclusion formed on the basis of incomplete information, often involving guesswork or speculation.

Delimitations

Boundaries or limitations that researchers set within their studies to narrow the scope of the investigation.

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