Figure 11-5 -Consumers Represented by "A" in Figure 11-5 Above Are Called

question 361

Multiple Choice

Figure 11-5
-consumers represented by "A" in Figure 11-5 above are called __________.

• A) innovators
• B) late majority
• C) early majority
• D) early adopters
• E) laggards

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Definitions:

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.

Mean

A measure of central tendency that is calculated by dividing the summation of all values in a data set by the number of values.

Laws Of Variance

Principles that describe how variance behaves in different statistical distributions and under various transformations.

Probability Distribution

A function in mathematics that determines the chances of different outcomes for a given experiment.