Answer:
<em>Inferential statistics</em>
Explanation:
Inferential statistics are among the two central statistics groups.
To define and draw conclusions about the population, inferential statistics <em>use a representative sample of data gathered from a population. </em>
Inferential statistics are useful when it is not feasible or practical to analyze each participant of a whole population.
Answer:
The internet.
Explanation:
The internet refers to a vast, global system of interconnected computer networks.
There's a standard framework for the transmission of informations on the internet, it is known as the internet protocol suite or Transmission Control Protocol and Internet Protocol (TCP/IP) model. One of the very basic rule of the TCP/IP protocol for the transmission of information is that, informations are subdivided or broken down at the transport layer, into small chunks called packets rather than as a whole.
Hence, the standard Internet communications protocols which allow digital computers to transfer (prepare and forward) data over long distances is the TCP/IP suite.
Additionally, WWW simply means World Wide Web. The World Wide Web was invented by Sir Tim Berners-Lee in 1990 while working with the European Council for Nuclear Research (CERN); Web 2.0 evolved in 1999. Basically, WWW refers to a collection of web pages that are located on a huge network of interconnected computers (the Internet). Also, users from all over the world can access the world wide web by using an internet connection and a web browser such as Chrome, Firefox, Safari, Opera, etc.
Answer:
Price discrimination
Explanation:
Price discrimination is a method used by various firms; it is a selling system that charges clients different costs for similar items. They charge clients different prices and the prices depend on whatever the customer can pay. In unmodified price discrimination, the dealer charges every client the most extreme value the individual customer can pay. Under the Robinson-Patman Act of 1936, it is illegal to sell the same quality of products at different prices.
<span>Firms using the Harvesting approach during the decline stage of the product life cycle will gradually reduce marketing expenditures and use a less resource-intensive marketing mix.
In business, harvesting approach is a practice to exploit as much profit as possible from a certain company's product before it pulled out from the market. Usually being done because the firms want to replace the product with a newer one.</span>
Answer:
2.0 percent
Explanation:
Inflation can be defined as the persistent rise in general price levels.
Inflation can be calculated by determining the change in price levels.
(122.4 / 120 ) - 1 = 0.02 = 2%
I hope my answer helps you
