When Working with a Very Large Sample Size,you May Get

question 59

Short Answer

When working with a very large sample size,you may get a result that is _____ significant but has little ______ significance.

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Definitions:

Awareness

The degree of consumer recognition of a product, brand, or company, often influenced by marketing and advertising efforts.

Consumer Adoption Process

The sequence of stages a consumer goes through in embracing a new product or service, from awareness to loyalty.

Trial

A test period during which a product or service is used to assess its functionality or effectiveness before making a full commitment.

Product Line Extensions

Adding new products to an existing product line in order to compete more broadly in the industry.