Identify the Statistical Function Used If the Rank Value Returned

question 22

Multiple Choice

Identify the statistical function used if the rank value returned for duplicate values was 8.5?

• A)RANK.AVG
• B)RANK.EQ
• C)RANK.SP
• D)RANK

---

Definitions:

Spider Web Pricing

Spider Web Pricing is a pricing strategy that adjusts frequently in response to market demands and competitor prices, similar to a spider adjusting its web.

FOB Origin Pricing

A pricing strategy where the buyer takes on responsibility for the goods once they leave the seller’s premises, including paying for shipping and handling.

Mode of Transportation Pricing

The cost structure associated with different modes of transport, factoring in distance, speed, volume, and type of goods.

Vehicle

In marketing, a vehicle refers to the medium or channel used to transmit an advertising message to its intended audience, such as television, radio, or online platforms.