On Which of the Following Can Useful Information Be Most

question 41

Multiple Choice

On which of the following can useful information be most easily given?

• A)credence goods
• B)professional services
• C)food products
• D)experience goods
• E)search goods

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Definitions:

Bar Charts

A graphical display of data using bars of different heights or lengths to represent various values.

Pie Charts

Graphical representations of data that divided a circle into sectors or slices to illustrate numerical proportion.

Qualitative Data

Data that describes qualities or characteristics that cannot be measured numerically.

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a set of data.