The Two Components of Industry/target Market Feasibility Analysis Are ________

question 5

Multiple Choice

The two components of industry/target market feasibility analysis are ________.

• A) industry status and target market status
• B) industry attractiveness and target market attractiveness
• C) industry sufficiency and target market demand
• D) industry attractiveness and product/service demand
• E) industry evolution and target market attractiveness

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Definitions:

Descriptive Statistics

Descriptive statistics comprise statistical procedures that summarize, describe, and analyze a dataset's distribution, central tendency, and variability.

Variables

Elements, traits, or conditions that can change or vary within an experiment or dataset.

Descriptive Statistics

Descriptive statistics consist of methods for summarizing and organizing data, such as measures of central tendency and variability, to describe its main features.

Inferential Statistics

The branch of statistics that focuses on drawing conclusions about a population based on a sample taken from it, usually through hypothesis testing or estimation.