_____ Refers to Marketing, Buying, Selling, and Servicing of Products

question 7

Multiple Choice

_____ refers to marketing, buying, selling, and servicing of products over a network, usually the Internet.

• A)E-commerce
• B)Media-based networking
• C)Enterprise content management
• D)Social commerce

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Definitions:

Two-tail Test

A statistical test in which the critical area of a distribution is two-sided and tests whether a sample is either greater than or less than a range of values.

Nominal Data

Data that represents categories with labels or names, where the order of the categories is not meaningful.

Z-test

A statistical test used to determine whether two population means are different when the variances are known and the sample size is large.

Chi-square Test

A statistical test used to determine if there is a significant difference between the observed frequencies and the expected frequencies in one or more categories.