(I. the Mode Is 3

question 133

Multiple Choice

(i. The mode is 3.
(ii. The arithmetic mean is 20.4.
(iii) The median is 21.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

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Definitions:

Scrambled Distribution

involves a retailer carrying an assortment of goods in unrelated product categories, aiming to provide a one-stop shopping experience.

Intensive Distribution

Distribution strategy that involves placing a firm’s products in nearly every available outlet.

Geographical Region

An area or part of the world that is distinct for its particular characteristics, whether natural, political, economic, or cultural.