The Amount of Competition and the Competitive Intensity Are Factors

question 64

True/False

The amount of competition and the competitive intensity are factors that play a role in determining who switches.

---

Definitions:

Standard Normal Distribution

A normal distribution with a mean of zero and a standard deviation of one.

Less Than

A mathematical term indicating that one quantity or number is smaller than another.

Z-scores

An analytical metric indicating the proximity of a particular value to the average value in a dataset, quantified by the number of standard deviations separating it from the mean.

Standard Normal Distribution

A standard normal distribution characterized by a mean equal to zero and a standard deviation equal to one.