What Are Material Items or Products That Customers Will Buy

question 27

Multiple Choice

What are material items or products that customers will buy to satisfy a want or need?

• A) Goods
• B) Services
• C) Production
• D) Productivity

---

Definitions:

Difference Scores

Values obtained by subtracting one set of observations from another, useful in measuring changes or effects in paired data.

α

Represents the level of significance in hypothesis testing, indicating the probability of rejecting a true null hypothesis.

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities that can be assigned to a statistical distribution while still satisfying a given number of constraints.

T-test for Dependent Means

A statistical method used to compare the means of two related groups.