Campbell's Soup Has Discovered That Millennials Are Buying Less Soup

question 192

True/False

Campbell's Soup has discovered that millennials are buying less soup than the population as a whole. This is an illustration of the importance of demographic variables in marketing.

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Definitions:

Approximating Line

A line that closely estimates or approximates the values or behavior of a more complex curve or dataset.

Data Points

Individual items of data that represent a specific measurement or observation.

SUM

The result of adding two or more numbers together to get a total amount.