What Type of Analysis Would Be Used to Answer a Question

question 89

Multiple Choice

What type of analysis would be used to answer a question such as "Which customer demographic
Is most strongly related to product purchase/nonpurchase"?

• A)association or relationship analysis
• B)predictive analysis
• C)predictive or relationship analysis
• D)analysis of variance
• E)canine/feline regression analysis

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Definitions:

Compounded Monthly

Involves the addition of earned interest back to the total principal amount at the end of each month, effectively earning interest on interest.

4 Years Ago

A term referring to a point in time that is four years prior to the current date.

Annually

Pertaining to something that occurs once every year.

4.2%

Often represents a percentage rate, such as an interest rate or growth rate, quantifying an increase or yield on an investment or financial product.