What is the difference between a histogram and a bar chart? For what type of data would each be appropriate?
A histogram graphically displays class intervals as well as class frequencies. A bar chart displays the frequencies for a set of categories or classes. Histograms are appropriate for quantitative data, while bar charts are better for qualitative data. Adjacent rectangles in the histogram share a common side while those in the bar chart have a gap between them.
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?A mean computed in such a way that each data value is given a weight reflecting its importance is referred to as a
A. ?geometric mean. B. ?trimmed mean. C. ?weighted mean. D. ?balanced mean.
A business marketer normally deals with far fewer buyers than a consumer marketer does
Indicate whether the statement is true or false
A store classifying its offerings so that tennis shoes, tennis rackets, and tennis tops and shorts are located together utilizes a market segment product grouping
Indicate whether the statement is true or false
Of the five dimensions of service quality, the ability to convey trust and build a customer's confidence in the quality of a service refers to ________.
A. reliability B. responsiveness C. assurance D. empathy E. tangibles