As Used in the Runs Test, a Run Is

question 57

Multiple Choice

As used in the runs test, a run is:

• A) a series, or subsequence, of one or more identical observations.
• B) a series, or subsequence, of two or more identical observations.
• C) a series, or subsequence, of one or more unusual observations.
• D) a series, or subsequence, of two or more unusual observations.

---

Definitions:

Principal Competitors

The main companies or businesses that compete in the same market or industry.

Target Customer Segment

A distinct segment of the marketplace that a corporation directs its offerings towards.

Profit To Distributors

The financial gain that distributors achieve from selling products after accounting for their cost of goods sold and operating expenses.

Production Era

A period in business thought where the main focus was on manufacturing efficiency and product output, with little attention to the consumer.