Considering the Following Data Set: (3, 4, 4, 0, 4

question 95

Multiple Choice

Considering the following data set: (3, 4, 4, 0, 4, 1, 5) , which of the following statements is true?

• A) The median is 0
• B) The mode is 4
• C) The mean is greater than the mode
• D) The range is 4
• E) The range is 2

Learn about the operational aspects of off-price and discount retailing.

Recognize the importance and methods of customer segmentation in retail.

Understand omnichannel retailing and the use of technology in personalizing customer experiences.

Understand the strategies and approaches category specialists use in customer service.

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Definitions:

Class System

A social stratification where people are grouped into a set of hierarchical social categories, often based on wealth, education, and occupation.

Labor Shortage

Describes a situation in which there are not enough qualified workers available to fill the job positions in a particular industry or overall economy.

Southern Planters

Wealthy individuals in the antebellum South who owned large farms or plantations and typically relied on enslaved labor for their agricultural operations.

Confederate War Effort

The military and civilian actions taken by the Confederacy during the American Civil War to achieve independence from the United States.