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A survey of online consumers asked respondents to indicate how much money they spent for online purchases during the most recent Christmas holiday season.These data were analyzed To see if gender and income level influence the amount consumers spend online for holiday Shopping.Which of the following statements is true?
I.This is an experimental study.
II.This is a randomized block design.
III.This is an observational study.
Limited-Service
Refers to businesses or providers that offer a reduced scope of services to their clients, often to maintain lower costs or focus on a niche market.
Specialty Merchandise
Products that are unique, high-quality, or branded, often requiring consumers to make a special effort to purchase them due to their distinct characteristics.
Product Lines
A group of related products under a single brand that are offered by a company to its target market.
Extensive Assortment
A wide variety and choice of products offered by a retailer, aimed at catering to diverse consumer needs and tastes.
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