Frequency of Occurrence Is a Factor When Calculating the Weighted

question 92

True/False

Frequency of occurrence is a factor when calculating the weighted average mean.

---

Definitions:

Cold Calling

The practice of contacting potential customers who have not previously expressed interest in a product or service, often through phone calls.

Law of Averages

The principle stating that over a large number of trials, outcomes will roughly equal the probability of an event occurring.

Web Site

A collection of related web pages under a single domain name, designed to provide information, services, or products over the internet.

Potential Customers

Individuals or entities that are likely to be interested in a company's product or service but have not yet made a purchase.