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In what specific way does the distribution of services differ from the distribution of goods?
For one thing, the distribution of services is not based on an inventory of goods, although certain materials and equipment may be required. You also have reduced cost of delivery with services in most cases due to decrease of postage costs.
What does indirect distribution mean?
In marketing the channels of distribution have many intermediary is called indirect distribution where the firm supplies to the consumer customer not directly but via multiple channels system through a third party eliminating all responsibilities of the product and services...
How do channels of distribution create value?
So, a channel of distribution involves an arrangement of exchange relationships that create value for buyers and sellers through the acquisition (procurement), consumption (usage), or elimination (disposal) of goods and services.
Why do univariate distributions matter in terms of social science and statistics why should we graph univariate distribution before we numerically summarize them?
Not all univariate data will be normally distributed. Graphing the data will help you determine if you got the kind of distribution you were expecting, and if not, what kinds of tests will be appropriate for what you got. A strange distribution when you had reason to expect, say, a normal distribution would help you uncover possible problems with data collection.
Is normal distribution also a probability distribution?
Yes. When we refer to the normal distribution, we are referring to a probability distribution. When we specify the equation of a continuous distribution, such as the normal distribution, we refer to the equation as a probability density function.
