Examlex
Which of the following describes a disadvantage associated with direct marketing?
Factor Analysis
A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors.
Justification of Effort
The tendency for individuals to attribute a greater value to an outcome they had to put effort into achieving or acquiring.
Affect Heuristic
The tendency to consult one’s emotions instead of estimating probabilities objectively.
Estimating Probabilities
The process of determining the likelihood of a given outcome or event occurring.
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