All of the Following Factors Are Essential to Develop Both

question 106

Multiple Choice

All of the following factors are essential to develop both market potential and sales forecast estimates EXCEPT:

• A)time period involved.
• B)market share.
• C)market segments involved.
• D)unit of measurement.

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Definitions:

Number of Children

A count of offspring or children associated with a person, family, or population within a certain context.

Poisson Distribution

A statistical distribution showing the probability of a given number of events occurring in a fixed interval of time or space, assuming that these events happen with a known constant mean rate and independently of the time since the last event.

Defective Items

Products that fail to meet quality standards or specifications and are therefore unsuitable for their intended use.

Poisson Distribution

The Poisson distribution is a probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events happen with a known constant rate and independently of the time since the last event.