Cluster Analysis Helps Us with Which of the Following

question 23

Multiple Choice

Cluster analysis helps us with which of the following?

• A) segmentation
• B) targeting
• C) positioning
• D) the 4Ps

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Definitions:

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of individuals or families with income levels insufficient to meet basic living expenses.

Homeless

The homeless are individuals who lack stable, permanent, and adequate housing.

$2 A Day

A poverty threshold that delineates extreme poverty by the metric of living on less than $2 per day, adjusted for purchasing power parity.

Largest Poverty Group

refers to the demographic segment within a society that accounts for the largest share of individuals living below the poverty line.