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Figure 14-2
-To communicate with consumers,a company can use one or more of five promotion alternatives.In Figure 14-2,the promotional element labeled D represents
Negatively Skewed
Negatively skewed, in statistics, describes a distribution of data where the tail is longer on the left side of the distribution curve, indicating that the bulk of the values lie to the right.
Positively Skewed
A statistical distribution characterized by a longer tail on the right side, indicating that the bulk of the values lie to the left of the mean.
Probability Density Function
A function that describes the relative likelihood for a continuous random variable to occur at a particular point.
Continuous Random Variable
A type of random variable that can take an infinite number of values in a continuous range.
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