Before Consumers See a Movie,it Is Assigned a Rating Such

question 38

Multiple Choice

Before consumers see a movie,it is assigned a rating such as G or PG based on its language and content.This rating system is most closely related to which facilitating function activity performed by marketing intermediaries?

• A)grading
• B)sorting
• C)risk taking
• D)marketing

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Definitions:

Coefficient of Variation

A standardized measure of dispersion of a probability distribution or frequency distribution, expressed as a ratio of the standard deviation to the mean.

Extreme Values

Data points that significantly differ from other observations. They can be unusually high or low and may be considered outliers.

Median

The middle value in a sorted, ascending or descending, list of numbers.

Percentile

A value on a scale of 100 that indicates the percent of a distribution that is equal to or below it.