The Following List Gives 50 Pieces of Ranked Data (Ranked

question 94

Multiple Choice

The following list gives 50 pieces of ranked data (ranked from smallest to largest) . Find the 7th percentile.  



$\begin{array}{ | c | } \hline { \text { Ranked data } } \\\hline\begin{array}{lllll}12 & 48 & 82 & 123 & 148 \\19 & 53 & 85 & 123 & 148 \\22 & 55 & 89 & 126 & 153 \\24 & 56 & 98 & 130 & 154 \\31 & 58 & 102 & 130 & 159 \\33 & 66 & 103 & 131 & 161 \\36 & 66 & 105 & 136 & 166 \\38 & 74 & 109 & 140 & 166 \\44 & 78 & 116 & 143 & 172 \\47 & 78 & 121 & 146 & 175\\\end{array}\\\hline\end{array}$

• A) 12
• B) 38
• C) 19
• D) 24
• E) 55

Identify different consumer segments within the VALS framework based on unique motivations and resources.

Describe the characteristics of each VALS consumer segment.

Recognize the role of resources and primary motivation in determining consumer behavior within the VALS framework.

Apply knowledge of the VALS framework to identify marketing strategies.

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Definitions:

International Treaties

Formal agreements between countries that govern their relations, trade, and obligations towards each other.

House of Burgesses

The first legislative assembly of elected representatives in North America, established by the Virginia Company to allow colonists some measure of self-governance.

Self-Government

Self-government refers to a system wherein the people or its representatives possess the power to govern themselves without interference from external authorities.

Tobacco Cultivation

The agricultural process of growing and harvesting tobacco plants, typically for use in the production of cigarettes and other tobacco products.