Examlex
All of the following are examples of consumer-oriented sales promotion activities EXCEPT:
Probability
The likelihood of an event's occurrence assessed by a numerical scale extending from 0 to 1.
Sampling Distribution
The distribution of probabilities for a specific statistic derived from a random sample, illustrating the variation of the statistic across different samples.
Normally Distributed
A statistical term describing a bell-shaped distribution of data points, symmetric about the mean, where most observations cluster around the central peak and the probabilities for values further from the mean taper off equally in both directions.
Sample Means
The average value of a set of measurements or quantities taken from a larger population, used as an estimate of the overall population mean.
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