Author Question: ________ represent the labels of multiple classes used to divide a variable into specific groups, ... (Read 217 times)

mia · **on:** Jul 7, 2018

________ represent the labels of multiple classes used to divide a variable into specific groups, examples of which include race, sex, age group, and educational level.

Fill in the blanks with correct word

Question 2

Identify five major advantages of e-tailing to sellers.

What will be an ideal response?

yasmina · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

Categorical data

Answer to Question 2

Major advantages of e-tailing to sellers include lower product cost and increasing competitive advantage; reaching more customers; changing price and catalogs quickly; lower supply chain costs; and competing with larger companies. Additional advantages are listed on page 106.