Identifying a Specific Target Market Is Not an Essential Part

question 148

True/False

Identifying a specific target market is not an essential part of creating a solid business plan for a small company.

---

Definitions:

Unimodal

Describes a distribution with a single prominent peak or mode, representing the most frequently occurring value in the data set.

Symmetric

A characteristic of shapes or patterns that are identical on both sides when divided by a central line or axis.

Skewed

A description of data in which the distribution is not symmetrical, but instead has a longer tail on one side of the peak or the other, indicating an asymmetry.

Median

The value separating the higher half from the lower half of a data sample, a population, or a probability distribution.