Match Each Item with the Correct Statement Below

question 208

Multiple Choice

Match each item with the correct statement below.
-A(n) _____ is a nonprobability sample divided to maintain the proportion of certain characteristics among different segments or groups seen in the population as a whole.

• A)big data
• B)exploratory research
• C)secondary data
• D)primary data
• E)sampling
• F)hypothesis
• G)simple random sample
• H)interpretative research
• I)focus group
• J)marketing decision support system
• K)key performance indicator
• L)predictive analytics
• M)metrics
• N)marketing research
• O)quota sample
• P)test marketing
• Q)cluster sample
• R)data mining
• S)convenience sample
• T)controlled experiment

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Definitions:

Mass Customization

Mass customization is a strategy that combines the efficiency of mass production with the flexibility of individual customization, allowing for personalized products at scale.

Work-study Grant

A form of financial aid awarded to students based on need, allowing them to work part-time jobs while attending school to help fund their education.

Health Fees

Charges or costs associated with medical services, treatments, or health-related activities.

Special Fees

Additional charges that may be applied for specific services, facilities, or considerations, beyond the base cost of a product or service.