In the Off-Highway Industry,there Are a Number of Machines That

question 3

Multiple Choice

In the off-highway industry,there are a number of machines that are built for highly specialized applications.These machines,such as underground drilling jumbos,harvesting and specialty agriculture equipment,and mining scalers,are built in low volume and require an equally low volume of specialized components.What would a customized manufacturer of drive-train products,use to reach its market?

• A)market aggregation
• B)limited demand
• C)multisegment marketing
• D)concentrated targeting

---

Definitions:

Observed Frequencies

The actual number of occurrences of each possible outcome of a variable recorded in a dataset, often used in the context of chi-square tests and frequency distributions.

Expected Frequencies

The anticipated count of occurrences across different categories in a probability distribution based on a theoretical model.

Alternative Hypothesis

The hypothesis that suggests there is a significant difference or effect, in contrast to the null hypothesis.

Expected Frequency

The theoretical frequency of an event occurring in a set of trials, calculated based on the probability of the event.