Data About How,when,why,where,and What People Buy Refers to

question 73

Multiple Choice

Data about how,when,why,where,and what people buy refers to

• A) statistics.
• B) demographics.
• C) marketing analytics.
• D) value-based marketing.
• E) relational orientation.

---

Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, which can provide insight into the properties of the population from which the sample was drawn.

Freshman Class

The group of students who are in their first year of secondary or higher education at a particular institution.

Usable Lifetime

The period during which a product or component is expected to perform its intended function satisfactorily under normal usage conditions.

K-Mart

A retail chain that was once one of the largest in the United States, offering a wide range of products from clothing to home goods.