Statistically Significant Differences Are the Beginning Point for Market Segmentation

question 43

Multiple Choice

Statistically significant differences are the beginning point for market segmentation and savvy target marketing.Meaningfulness,stability,and actionability are not statistical issues;rather,they are ________.

• A)marketing manager judgment calls
• B)determined by outside market factors
• C)sales management judgment calls
• D)determined by internal corporate factors

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Definitions:

Proximal Development

A concept in education and psychology referring to the zone wherein learners can perform a task with guidance but cannot yet complete it independently.

Judicious Guidance

Wisdom or advice given in a careful and sensible manner, often to aid decision-making or influence behavior positively.

Basic Biological Needs

fundamental physiological requirements that organisms need to maintain life, such as food, water, air, and shelter.

Social Interactions

The process by which individuals act and react in relation to others, influencing each other's behaviors and thoughts in the context of societal norms.