According to the FTC, for a Producer to Call a Product

question 206

Multiple Choice

According to the FTC, for a producer to call a product "new," the product:

• A) must be no more than two months old.
• B) must have achieved brand insistence.
• C) must be entirely new or changed in a functionally significant or substantial respect.
• D) must have been changed in some way during the last year.
• E) None of the above is a correct answer.

---

Definitions:

Positive Value

A number greater than zero.

Z

Often referred to in statistics as a standard score, it represents the number of standard deviations a data point is from the mean.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, representing a perfect bell curve.

Continuous Probability Distributions

Mathematical functions that represent the probabilities of all possible values in an unbroken (continuous) range.