Examlex
What are the three additional considerations for Sales Promotional Planning?
Randomness
The lack of pattern or predictability in events.
Probability
A measure indicating how likely it is that an event will occur, expressed as a number between 0 (impossible) and 1 (certain).
Distribution
Refers to the way in which values of a variable or a set of data are spread or distributed across possible values or intervals.
Probability
An assessment of the chance of an event taking place, denoted by a number from 0 to 1, with 0 signifying that the event is not possible and 1 signifying that the event is guaranteed to happen.
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