The Sum of the Relative Frequencies in Any Relative Frequency

question 23

Multiple Choice

The sum of the relative frequencies in any relative frequency distribution always equals

• A)the number of observations
• B)1.00
• C)100
• D)the number of variables

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Definitions:

Consumer Socialization

The method through which youngsters develop the abilities, knowledge, and attitudes needed for effective participation as consumers in the market.

Motivation

Motivation is the process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to act and pursue achievements.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behavior and interactions.

Existing Customers

Individuals or entities who have previously made a purchase from a business, representing a segment that companies often aim to retain through customer service and loyalty programs.