A(n)____ is a number of observations sharing characteristics associated with some outcome of interest.
A)factor loading
B)dimension
C)segment
D)factor

Question

Quizplus · Accepted Answer

A segment refers to a group of observations that share characteristics related to a particular outcome of interest. Segmentation is a common technique in market research and is used to divide a larger population into smaller consumer groups with similar needs or behaviors. Factors, factor loadings and dimensions relate to different aspects of statistical analysis and are not directly related to the concept of segmentation.

A(n)____ Is a Number of Observations Sharing Characteristics Associated with Some