If Dependent Variable Is a Ranking Data, Then Which of the Following

question 10

Multiple Choice

If dependent variable is a ranking data, then which of the following test is applied?

• A) non parametric test
• B) parametric test
• C) F-ration test
• D) Chi-square test.

Identify the criteria for determining the effectiveness of personal selling in various purchase situations.

Know the importance of ethical standards and positive attitudes in sales performance.

Comprehend strategies for managing and evaluating salesforce productivity.

Understand the role of relationship building in sales and personal selling processes.

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Definitions:

Three-Party Agreement

A contract involving three distinct parties, each undertaking specific obligations or rights.

Co-Signs

refers to the act of signing a loan or agreement alongside another person, assuming joint responsibility for the obligation.

Statute of Frauds

A legal principle that requires certain types of contracts (e.g., real estate transactions, contracts not to be performed within a year) to be in writing and signed by the parties to be enforceable.

Credit

A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date, generally with interest.