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Figure 11-6
-Figure 11-6 above shows the sequential process of building brand equity. The second step is to establish a brand's meaning in the minds of consumers. This step consists of two dimensions, B and C, which represent
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.
Squared Deviation
A statistical measure showing the dispersion of data points. It represents the square of the difference between an observed value and the mean of the dataset.
Mean
The mathematical average of a set of numbers, calculated by adding them together and dividing by the number of terms.
Median
A statistical measure representing the middle value in a set of data when arranged in numerical order, effectively dividing the dataset into two halves.
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