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Companies That Have Limited Customers with Varied Needs and Tastes

question 84

True/False

Companies that have limited customers with varied needs and tastes must develop client structures to organize their business.


Definitions:

Population

In statistics, this term refers to the entire group of individuals or instances about which you are interested in making conclusions.

Statistics

The science of collecting, analyzing, interpreting, presenting, and organizing data.

Null Hypothesis

A statistical proposition that presumes the absence of a significant discrepancy or impact among specific attributes of a population or data set.

Research Hypothesis

A statement predicting a significant relationship or effect between variables, tested against the null hypothesis.

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