What Are the Three Basic Principles of Market Segmentation

question 59

Essay

What are the three basic principles of market segmentation?

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Definitions:

Bimodal

Describing a distribution that has two distinct peaks or modes, indicating two prevalent values.

Skewed

A term used in statistics to describe a situation where a dataset or distribution displays a lack of symmetry around the mean value.

Tonsils Removed

A medical procedure, known as a tonsillectomy, involving the surgical removal of the tonsils, typically due to recurrent infection or breathing issues.

Bimodal

Characterized by having two distinct peaks or modes in a distribution of data.