The Use of Statistical Models for Analyzing Customer Databases Serves

question 10

Multiple Choice

The use of statistical models for analyzing customer databases serves the following purposes)

• A)Identifying typical customers
• B)Can rank order the prospects from best to worst
• C)Helps to score a prospect list
• D)All of the above
• E)and b

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Definitions:

Special

Pertaining to or designating a unique or distinct category, often used to denote something that is exceptional or beyond the ordinary.

Ordinary Holder

A typical investor or shareholder who possesses a security or financial instrument without any special rights or privileges.

Transferor

An entity or person who transfers or conveys rights, property, or other assets to another party, the transferee.

Rights

Entitlements or freedoms granted by legal, social, or moral principles that are inherent to all human beings.