Which Methodology Is Used to Group Products That Customers Purchase

question 3

Multiple Choice

Which methodology is used to group products that customers purchase together?

• A)market basket analysis
• B)prediction
• C)classification analysis
• D)forecasting

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Definitions:

Lease Agreement

A contract between a lessor and a lessee for the rental of property, usually real estate, for a specified period of time.

Insolvent

The state of being unable to pay debts owed, often leading to bankruptcy proceedings.

In Transit

Describes goods or people that are in the process of being transported from one location to another.

Carrier

An entity that provides transportation services for goods or individuals, typically referring to a company or a shipper operating under specific regulatory guidelines.