Consider a Set of 50 Measurements with Mean 50

question 95

Multiple Choice

Consider a set of 50 measurements with mean 50.2 and standard deviation 18.7 and with the following observed frequencies. It is desired to test whether these measurements came from a normal population. Calculate the expected frequency for the interval 40-59.99.

• A)20.37
• B)18.00
• C)14.56
• D)12.50

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Definitions:

Behavioral Segmentation

The division of a market into groups based on consumer behaviors, such as purchasing habits or product usage.

Usage Rate

The frequency at which a consumer uses a product or service over a specific period, indicating their level of engagement or reliance on it.

Loyalty

The quality of being faithful to commitments or obligations, often used to describe customer behavior and the likelihood of continued patronage or support.

Strategic Fit

The alignment between an organization's strategic goals and the resources and capabilities at its disposal to achieve them.