The Most Serious Disadvantage Inherent in a Freestanding Site Is

question 22

Multiple Choice

The most serious disadvantage inherent in a freestanding site is:

• A)no mall management
• B)lack of restrictions on merchandise sold
• C)loss of the ability to restrict hours of operation
• D)loss of direct competition
• E)limited trade area

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Definitions:

Directional

Pertains to hypotheses or tests that specify the expected direction of the relationship or difference between variables, as opposed to non-directional or two-tailed tests.

Non-directional

A hypothesis that does not specify a direction of difference or association between two variables.

Standard Error

A measure of the statistical accuracy of an estimate, indicating how much the sample mean is expected to vary from the true population mean.

Mean

The average of a set of numbers, calculated by dividing the sum of all values by the count of values, and used as a measure of central tendency.