A Good Is

question 34

Multiple Choice

A good is:

• A) A service
• B) An intangible item
• C) A tangible item
• D) All of the above

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Definitions:

Sample Proportion

The ratio or fraction of sample observations that belong to a particular category or characteristic.

Standard Deviation

A parameter for evaluating the breadth of dispersion or difference in a set of figures.

Sample Proportion

The fraction of items in a sample meeting a certain criterion, representing a subset of the population fraction with that characteristic.

Sample Mean

The average value of a sample set of numbers, calculated by adding up all the observations and dividing by the number of observations.