Suppose 
is the cumulative distribution function for sizes of graduating classes among a group of high schools and 
. Which of the following are possible statements about 
?
Definitions:
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.
Market
An area or arena in which commercial dealings are conducted.
Pricing Objectives
Pricing objectives are the goals a company aims to achieve through its pricing strategies, such as maximizing profit, increasing market share, or targeting a specific market segment.
Components
Fundamental parts or elements that combine to form a complex system, mechanism, or product.
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