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Income,ethnic Background,gender,and Age Are All Examples of _____ Segmentation Bases

question 127

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Income,ethnic background,gender,and age are all examples of _____ segmentation bases.


Definitions:

Probability

A numerical value ranging from 0 to 1, representing the chance of an event's occurrence.

Statistic

A quantity calculated from a set of data, used to summarize or describe characteristics of the data.

High Probability

A term indicating that an event is very likely to occur, often used in statistical analysis to describe outcomes with a large likelihood based on a probability measure.

Alpha

Often used to denote the level of significance in statistical tests, representing the probability of rejecting a true null hypothesis.

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