A Electronics Company Has Hired Some Product Experts Who Have

question 160

Multiple Choice

A electronics company has hired some product experts who have sufficient following on social media sites to spread a word about their products.The company provides the products to these individuals and requests them to post their opinion which helps in promoting the products.This is an example of:

• A)buzz marketing.
• B)internal marketing.
• C)lateral marketing.
• D)distributive marketing

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Definitions:

Population Mean

The average value of a set of characteristics for an entire population.

Confidence Interval

is a range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.

Mean Temperature

The average value of temperature measured over a specific period of time or across different locations.

Tensile Strength

The maximum amount of tensile (pulling) stress that a material can withstand before breaking or failing.