The Mean and Mode,versus an Average,are Better Descriptors of a Distribution

question 7

Multiple Choice

The mean and mode,versus an average,are better descriptors of a distribution when ________.

• A)the sample is not randomly selected.
• B)the survey question has fewer than five options.
• C)there are over 2,000 respondents in the sample.
• D)the distribution is highly skewed.

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Definitions:

Product Mix

The total range of products that a company offers to sell, including variations of products based on size, color, or other attributes.

Breadth

The range or variety of products or services offered by a company or available within a market.

Depth

The number of categories within a product line.

Product Line Expansion

Adding related products to an existing product line to cater to a broader market or capitalize on the brand's reputation.