In the Context of the Types of Buyer Needs, Functional

question 81

True/False

In the context of the types of buyer needs, functional needs represent the desire for personal development, information, and knowledge to increase thought and understanding as to how and why things happen.

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Definitions:

Exponential Distribution

A probability distribution used to model the time between events in a process where events occur continuously and independently at a constant average rate.

Greatest Density

Refers to the area in a distribution or data set where points are most tightly clustered.

Normally Distributed

Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.