Which of the Following Is a Difference Between an Attribute

question 4

Multiple Choice

Which of the following is a difference between an attribute and a benefit of a product?

• A)​An attribute includes pleasure or improved health, while a benefit includes an easy-open package or a special formulation.
• B)An attribute cannot be experienced by consumers, while a benefit is tangible and can be experienced.
• C)An attribute is bought by consumers, while a benefit is not bought by consumers.
• D)​An attribute is simply a feature of a product, while a benefit is what consumers receive by using a product.

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Definitions:

Variance

A statistical measure that represents the average squared deviation from the mean, showing how data points are spread out.

Sample Correlation Coefficient

measures the strength and direction of the linear relationship between two variables in a sample.

P-Value

A measure in statistical hypothesis testing representing the probability of obtaining test results at least as extreme as the ones observed, assuming the null hypothesis is true.

Significant Level

The likelihood of incorrectly dismissing the null hypothesis, often represented by the symbol alpha (α).