Examlex

Solved

Which of the Following Is an Important Demographic Variable for the Segmentation

question 52

Multiple Choice

Which of the following is an important demographic variable for the segmentation of low-priced products?


Definitions:

Normal Distribution

A bell-shaped probability distribution characterized by its mean and standard deviation, frequently occurring in nature and statistics.

Symmetric

A characteristic of an object or a distribution in which it is identical in shape on both sides of a central axis.

Skewed

Describing a distribution that is not symmetrical, where one tail is longer or fatter than the other, indicating a deviation from the normal distribution.

Median Number

The middle value in a list of numbers, which separates the higher half from the lower half.

Related Questions