Which of the Following Is an Example of How the Internet

question 119

Multiple Choice

Which of the following is an example of how the Internet affects prices and distribution?

• A) Consumers use smart phones to compare prices as they shop, leading to price matching guarantees from retailers.
• B) Apple distributes iBooks via its digital bookstore, reducing prices of high school textbooks by almost 90%.
• C) Marketers are using smartphone apps to target shoppers in stores who are looking for information about products.
• D) Amazon installed Amazon Lockers in grocery, convenience and drugstores that accept packages for customers to pick up later.
• E) all of the above

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Definitions:

Total Count

The absolute sum or quantity of units or individuals measured or observed in a set.

Probability

The measure of the likelihood that an event will occur, often expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Statistics Class

An educational course or lesson focused on the collection, analysis, interpretation, and presentation of data and quantitative information.

Probability

The likelihood of a specific outcome occurring, quantified as a number between zero and one, zero indicating impossibility and one indicating certainty.