Determine Whether the Statement Is Based on Census Data or Sample

question 5

Multiple Choice

Determine whether the statement is based on census data or sample data.
-A researcher determines that of all 25 year old women in her city, 37% are married.

• A)Census data
• B)Sample data

---

Definitions:

Low Market Shares

The situation of a company or product having a small percentage of total sales in its respective market, typically indicating limited control or influence.

High-Growth Markets

Markets that are experiencing or expected to experience significantly above-average growth in demand or sales, often offering lucrative opportunities for businesses.

Question Mark

In business, a term used in the Boston Consulting Group (BCG) matrix referring to products or business units with high growth potential but currently hold a small market share.

Low Market Share

The condition of a company or brand having a small percentage of total sales in its industry, often leading to less influence and profitability.