Author Question: All of the following are characteristics of the standardized normal distribution EXCEPT that it ... (Read 58 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
All of the following are characteristics of the standardized normal distribution EXCEPT that it ____.
 a. is symmetrical about its mean
  b. has an infinite number of cases
  c. mean identifies the normal curve's highest point (the mode)
  d. has a mean of 1 and a standard deviation of 0

Question 2

How do marketers segment a market?



Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

D

Answer to Question 2

Marketers identify segments best when iterating between two approaches: a managerial, top-down ideation and a customer-based, bottom-up customer needs assessment. Marketers begin with some knowledge of the marketplacethe customers, competitors, and the company's own strengthsand they can gather information to understand the customer perspective.
Knowledge of the marketplace clearly enters into the decision of which of the segments the company should eventually target. A market segment may look desirable in terms of its size and even future growth potential, but it may already be saturated with competitors' offerings. There may be richer potential opportunities in other segments. The managerial perspective is also clearly important for assessing the extent to which the servicing of a particular segment is consistent with corporate goals.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library