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5 Cards in this Set

  • Front
  • Back
market segmentation is based on differences between -__ of ___
groups of consumers
statistical inference test to be used with small sample sizes (n<30)
t test
test where sample size is greater than 30
z test
means the marketer can focus various strategies & tactics on the market segments to accentuate the differences b/w segments
actionable difference
hypothesis that the difference in their population parameters is equal to zero
null hypothesis