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A mail order clothing company is considering using customer segmentation.
a.Discuss the benefits associated with customer segmentation.
b.Identify five different ways in which the clothing company could segment customers.
Good Grades
Academic scores or evaluations that indicate a high level of understanding or achievement in educational settings.
Relationship
A connection, association, or interaction between two or more variables, entities, or individuals.
Statistical Software
Computer programs used for statistical analysis of data.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted by alpha.
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