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Use the following to answer questions:
Figure: Bananas
-The diagram indicates the revenue distribution of a $299 30GB Apple iPod. Most of the "non-hardware costs" are product development (e.g., software and R&D) , but also includes advertising and retail costs. If the key industry argument has merit, what does this diagram suggest about which industries are actually key?
Reliable
Capable of being trusted or depended upon; consistent in performance or outcome.
Correlation Coefficient
A numerical indicator showing the degree to which multiple variables co-vary.
Cause-and-Effect Relationship
A connection between two events where one event (cause) leads to the outcome of another event (effect).
Sampling Bias
A distortion in the outcome of a study due to the method in which samples are collected, resulting in a non-representative sample of the population.
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