List the Various Ways That Psychographic Segmentation Can Be Used

question 14

Essay

List the various ways that psychographic segmentation can be used.

---

Definitions:

Distance From The Mean

The absolute difference between a specific value and the average of all values in a dataset.

Z Scores

Standardized scores that indicate how many standard deviations an element is from the mean of the dataset. They are used in statistics to compare different data points.

Normal Curve

A graphical representation of a distribution where the majority of data points are concentrated around the mean, decreasing in frequency the farther they are from the mean.

Percentages

A portion or share of a whole, expressed as a fraction of 100.