Which of the Following Is Not an Implication of Intangibility

question 76

Multiple Choice

Which of the following is not an implication of intangibility?

• A)Pricing is straightforward
• B)Services cannot be inventoried
• C)Services cannot be easily communicated to customers
• D)Services cannot be owned

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Definitions:

Population Means

The average value of a particular variable for the entire population, which provides a parameter that can be estimated through the use of sample means.

Pearson Correlation

A measure of the linear correlation between two variables X and Y, giving a value between +1 and -1 inclusive.

Covariance

A statistic that indicates the degree to which two variables vary together.

Nonlinear Relationship

A type of relationship between two variables where there is not a straight-line or proportional association.