Sam's Merchandise Is Sold in Large Quantities and Stacked High

question 61

Multiple Choice

Sam's merchandise is sold in large quantities and stacked high on metal shelving. This merchandising gives the customer a message of low prices. Which of the following merchandising techniques is Sam's using?

• A) Tonnage merchandising
• B) Price lining
• C) Color presentation
• D) Frontage presentation
• E) Atmospherics

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Definitions:

Population

A total set of individuals, items, or data from which a statistical sample is drawn.

Normally Distributed

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.

Normal Curve

A symmetrical bell-shaped curve that represents the distribution of a set of data, where most occurrences take place around the mean.

Asymptotic

The quality of the normal curve such that the tails never touch the horizontal axis.