________ Refers to Availability of Full Disclosure and Information About

question 14

Multiple Choice

________ refers to availability of full disclosure and information about key market factors such as supply,demand,quality,service,and prices.

• A)Market transparency
• B)Service heterogeneity
• C)Service consistency
• D)Intangibility
• E)Perishability

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Definitions:

Unrepresentative Sample

A sample that does not accurately reflect the characteristics of the larger population from which it is drawn, potentially leading to biased results.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.

Scatterplot

A graph in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present.

Close

To complete, finalize, or bring an activity or process to an end, ensuring all requirements have been met.