Data That Provide Labels or Names for Groupings of Like

question 69

Multiple Choice

Data that provide labels or names for groupings of like items are known as _____.

• A) categorical data
• B) quantitative data
• C) label data
• D) generic data

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Definitions:

Negative Equity

occurs when the value of an asset is less than the outstanding balance on the loan used to purchase that asset.

Key Stakeholders

Individuals or entities with a vested interest or concern in an organization’s activities, success, or failure, including investors, employees, customers, and suppliers.

Customer-Based Brand Equity

The value a brand gains from having strong brand equity in the minds of customers, based on perceptions of brand quality, associations, and loyalty.

Customer-Brand Relationship

The dynamic and ongoing interaction between a consumer and a brand, characterized by loyalty, emotional connection, and consumer engagement.