The Scores Below Represent the Results of an In-Class Quiz

question 22

Multiple Choice

The scores below represent the results of an in-class quiz worth 10 points.
What is the relative frequency associated with a score of 9?

• A).15
• B).30
• C).45
• D)3

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Definitions:

FOB Origin Pricing

A pricing term indicating that the buyer takes responsibility for the goods and shipping costs from the seller's location, bearing all risks.

Spider Web Pricing

A pricing strategy that involves setting a low price for one product to attract customers and then raising prices once the customer engagement has been established.

Price Discrimination

A pricing strategy where a company charges different prices for the same product or service to different consumers, often based on factors like location, age, or purchasing history.

Practices

Routine actions or procedures followed by individuals or organizations in their professional or daily activities.