What Are the Four Main Elements in the Customer Relationship

question 31

Essay

What are the four main elements in the customer relationship process? What is the purpose of building customer relationships?

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Definitions:

Chi-square Statistic

A statistic used to assess the fit of an observed distribution to an expected distribution.

Critical Value

Value of a statistic that separates the regions of rejection and nonrejection.

Degrees Of Freedom

An aspect of inferential statistical tests, representing the amount of unrestricted parameters in the data set.

Chi-square Statistic

A measure used in statistics that compares observed frequencies with expected frequencies to determine if there are significant differences.