In Terms of Trade Areas, the Owner of Bubba's Bar

question 37

Multiple Choice

In terms of trade areas, the owner of Bubba's Bar and Grille defines his _____________ geographic area in which 65 percent of his customers live.

• A) primary zone
• B) macro zone
• C) geographic zone
• D) tertiary zone
• E) secondary zone

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Definitions:

Inferential Statistics

The branch of statistics that allows one to make predictions or inferences about a population based on a sample of data taken from that population.

Normal Distribution

A statistical distribution where data is symmetrically distributed around the mean, forming a bell-shaped curve.

Random Sampling

Sampling in which every member of a population has an equal chance to be selected and in which selection is determined by “luck of the draw” rather than a decision by the researcher.

Degrees

Units of measurement for angles in a circle or for temperature; in the context of education, it refers to academic qualifications.