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Earn +20 ptsQ: What is the chain of distribution?
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What are the functions of middlemen in the chain of distribution?
I remember them as possession, ownership, negotiation, financing, pricing and promotion.
What is an example for vertical integration would be?
Vertical intergration is where a company moves down the chain of distribution for example Thomas Cook is a tour operator and then it became a travel agents as well
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.
True or False A sampling distribution is a probability distribution for a statistic?
The statement is true that a sampling distribution is a probability distribution for a statistic.
Is A normal distribution is any distribution that is not unusual?
No, it is the name given to the Gaussian distribution.
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