Which of the Following Statements Best Describes a Service

question 59

Multiple Choice

Which of the following statements best describes a service?

• A)Services are physical objects.
• B)Services are intangible items.
• C)Services are thoughts about concepts,actions,or causes.
• D)Services are the benefits organizations receive in exchange for selling products.
• E)Services comprise the subset of tangible features of products.

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Definitions:

Unit Change

A change or difference of 1 unit in the value of a variable.

MSR

A term that could refer to various specific metrics or identifiers depending on the context; without further context, a precise definition cannot be provided. NO.

Degrees of Freedom

Represents the number of independent values or quantities that can be assigned to a statistical distribution, affecting the calculation of various statistical tests.

SSR

Sum of Squares due to Regression, a measure of the variation explained by the regression line.