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Which of the Following Characteristics Do Merchandisers Have

question 2

Multiple Choice

Which of the following characteristics do merchandisers have?
i.They trade in physical products
ii.They do not hold inventories.
iii.They purchase goods for resale.iv.Their outputs have low customisation.


Definitions:

Range

The difference between the maximum value and minimum value in a data set.

Central Tendency

Statistics referring to the middle or typical value within a dataset, represented by measures such as mean, median, and mode.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.

Median

A statistical measure representing the middle value in a sorted, ascending or descending, list of numbers.

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