Key Implications of Customer-Generated Reviews Include the Following, Except

question 182

Multiple Choice

Key implications of customer-generated reviews include the following, except:

• A) too many negative reviews and low-star ratings will be harmful to a company
• B) reviews stress the importance of consistent high-quality customer products and services
• C) positive reviews will have a positive impact on sales
• D) reviews provide information on how a company's product is being evaluated by customers and how the brand compares to competing brands

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Definitions:

Finite Population Correction

An adjustment made to sampling formulas to account for the fact that the sample is drawn from a finite population, often resulting in smaller standard errors.

Standard Error

An estimate of the standard deviation of the sampling distribution of a statistic, typically used to measure the accuracy of a sample mean.

Normal Distribution

A probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Degrees of Freedom

The number of independent values or quantities that can vary in the analysis of statistical data, crucial for assessing the reliability of various statistics.