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Identify products with shorter life cycle and discuss. Why is the median a better representative of the dataset than the mean? What is impulse purchase?

Identify products with shorter life cycle and discuss. Why is the median a better representative of the dataset than the mean? What is impulse purchase? How does this contribute to retail marketing?

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Identifying Products with Shorter Life Cycle 1 Fashion Apparel Clothing items typically have a short life cycle due to changing trends and seasons Fas... blur-text-image
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