What Is a Business That Operates in a Physical Store

question 21

Multiple Choice

What is a business that operates in a physical store without an Internet presence?

• A) Brick-and-mortar business
• B) Click-and-mortar business
• C) Virtual business
• D) Pure-play business

Understand the concept of correlation and how it does not imply causation.

Calculate and interpret variability measures such as standard deviation and range.

Understand the importance of sample size and representativeness in generalizing findings to the population.

Recognize misconceptions and biases in understanding statistical information, such as illusory correlation and regression toward the mean.

---

Definitions:

Drive

An internal state that motivates individuals towards certain actions or behaviors to satisfy needs or achieve goals.

Need

A requirement essential for an organism's survival or well-being, as well as a strong desire for something.

Want

A desire for something that is not necessarily needed but is desired for personal satisfaction or fulfillment.

Drive Theory

A psychological theory suggesting that motivation is driven by an organism's need to fulfill physiological needs in order to maintain homeostasis.