Which of the Following Factors Accounts for Greater Market Similarities

question 22

Multiple Choice

Which of the following factors accounts for greater market similarities among industrial goods customers than among consumer goods customers?

• A) The inherent nature of the product
• B) The customer motive being individual satisfaction
• C) Government control over design specifications
• D) Industrial goods being associated with after-sales services
• E) The restriction on international sale of industrial goods

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Definitions:

Population

The entire pool from which a statistical sample is drawn and to which the researcher intends the results to apply.

Sample Standard Deviation

A statistic measuring the dispersion or variability of a set of sample data points around the mean.

Population Standard Deviation

A measure of the dispersion or spread of all values in a population.

Sample Size

The number of observations or entities used in a study or experiment.