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Thomas has just conducted a focus group for Apple Computer Company,asking participants their opinions regarding new features Apple is considering for its iPod players.Apple's marketing manager wants to use the results of this focus group to justify immediate product changes and new promotional strategies.As the marketing researcher,how would you respond?
Common Average
The arithmetic mean or simple average of a set of values, calculated by summing them up and dividing by the number of values.
Variance
A statistical measure that represents the dispersion or spread of a dataset relative to its mean, indicating how far the data points are from the mean.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution, aiming to provide an accurate description of the entire data set.
Least Precise
Describes the measurement or estimation with the highest degree of uncertainty or the lowest level of detail.
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