Brands of Soda

Definition

Brands of soda refer to the specific names or labels given to different types and flavors of carbonated beverages produced by various companies.

Related terms

Categorical Variable: A variable that represents qualitative characteristics, such as brand names, colors, or types.

Nominal Data: Data that consists of categories without any inherent order or numerical value assigned to them.

Market Share: The proportion or percentage of total sales that a specific brand holds within a market.