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What Is a Segmentation Base (Or Segmentation Variable)? Name the Common

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Essay

What is a segmentation base (or segmentation variable)? Name the common segmentation bases used by marketers to segment consumer markets.


Definitions:

Multiple T Tests

Statistical tests used to compare the means of two groups on several different dependent variables.

Analysis Of Variance

A statistical method known as ANOVA, used to determine the existence of statistically significant differences between the means of three or more independent groups.

Factorial Design

An experimental setup that studies the effects of two or more factors by varying them simultaneously.

Treatment Factor

A variable manipulated by the researcher in an experiment to study its effect on the dependent variable.

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