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When Pearl Soft Shampoo was released by Clary Laboratories Inc.in the late 1970s,it was an innovative hair care concept because it repaired split ends.Even though the new product was an improvement on the previous ones,Clary Laboratories entered the market with low prices and dealer incentives.Discuss the possible reasons for this marketing strategy.
Continuous Random Variable
A type of random variable that can take an infinite number of possible values in a continuous range.
Discrete Random Variable
A variable that can take on a finite or countably infinite set of values, each with a measurable probability.
Density Function
A mathematical function that describes the probability distribution of a continuous random variable.
Probability Density Function
A function that describes the likelihood of a continuous random variable falling within a particular range of values.
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