What Makes Consumer-To-Consumer E-Commerce Possible? What Are Some Examples of Consumer-To-Consumer

question 156

Essay

What makes consumer-to-consumer e-commerce possible? What are some examples of consumer-to-consumer e-commerce?

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Definitions:

Interval Data

A type of numerical data that has meaningful differences between values and a true zero point.

Ordinal Data

Describes a type of data which is categorized into ordered but not necessarily equally spaced categories.

Null Hypothesis

A statement used in statistics that proposes no significant difference or effect.

Test Statistic

A value calculated from sample data that is used in hypothesis testing to determine if there is evidence to reject the null hypothesis.