Which of the Following Indicates the Management Uses of Marketing

question 2

Multiple Choice

Which of the following indicates the management uses of marketing research?

• A) It improves the quality of decision-making.
• B) It provides already existing data that pinpoints the kinds of people to approach and their locations.
• C) It can aid in formulating the problem statement.
• D) It creates a mismatch between the researcher's unique problem and the purpose for which the research were originally gathered.

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Definitions:

Median

The middle value in a set of data when it is arranged in ascending or descending order, or the average of the two middle numbers if the set has an even number of observations.

Skewed

A distribution that is not symmetrical, indicating that the data tends to lean towards the left (negatively skewed) or right (positively skewed) of the average.

Histogram

A graphical representation of the distribution of numerical data, usually showing frequency of data intervals.

Median

The middle value in a sorted list of numbers, effectively dividing the dataset into two halves.