Which E-Commerce Business Model Depicts Demand Driven by the Consumer

question 88

Multiple Choice

Which e-commerce business model depicts demand driven by the consumer with supply driven by the business?

• A) B2C
• B) C2B
• C) B2B
• D) B2G

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Definitions:

Normally Distributed

Describing a data set where the observations are symmetrically distributed around the mean, forming a bell-shaped curve.

SSE

SSE, or Sum of Squares Error, is a measure used in statistics to describe the amount of variation or deviation of sample values from the fitted values in a model.

F Statistic

The F statistic is used in statistical testing to compare the variances among group means to decide if they significantly differ from each other.

Two-Way ANOVA

A statistical test used to determine the effect of two nominal predictor variables on a continuous outcome variable.