What Is the Promotion of Products and Services Known As

question 62

Multiple Choice

What is the promotion of products and services known as?

• A)Customer service
• B)Marketing
• C)Distribution
• D)Design

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Definitions:

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of quantities.

Point Estimate

A single value estimate of a population parameter that serves as the best guess or prediction of the parameter.

Confidence Limits

Confidence limits define the range within which a population parameter is estimated to lie with a certain level of confidence.

Standard Error

A measure of the dispersion or spread of sample means around the population mean.