If a Variable Is Interval-Ratio in Level of Measurement,the Preferred

question 23

Multiple Choice

If a variable is interval-ratio in level of measurement,the preferred measure of dispersion would be

• A)the mean.
• B)the range.
• C)the standard deviation.
• D)the percentile.

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Definitions:

Marketing Mix

A set of actions, or tactics, that a company uses to promote its brand or product in the market; traditionally defined as the 4Ps: Product, Price, Place, and Promotion.

Easiest

Describes the least difficult or effort-requiring option, task, or approach among a set of alternatives.

Marketing

The process of promoting, selling, and distributing a product or service, including market research and advertising strategies.

Advertising

The act of promoting products, services, or brands through various forms of media to attract or engage the target audience.