What Type of Segmentation Divides Consumer Markets into Segments Using

question 9

Multiple Choice

What type of segmentation divides consumer markets into segments using individual factors such as gender, age, income, and education?

• A) psychographic segmentation
• B) demographic segmentation
• C) benefit segmentation
• D) behavioral segmentation
• E) lifestyle segmentation

Determine the number of payments or the amount of each payment required to satisfy a loan or investment goal.

Understand the basic statistical terms and symbols related to descriptive statistics.

Identify and calculate measures of central tendency (mean, median, mode).

Understand and calculate measures of dispersion (range, variance, standard deviation).

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Definitions:

Guarantor

A person, organization, or entity that agrees to be responsible for another's debt or obligations if that individual fails to fulfill them.

Infant

A minor; a person under the legal age of majority.

Contract

A legal agreement among two or more parties that is binding and enforceable by the legal system.

Age of Majority

The legally defined age at which an individual is recognized as an adult and is capable of assuming responsibility for their actions in civil and criminal law.