Through ________, Marketing Statisticians Can Extract Useful Information About Individuals

question 53

Multiple Choice

Through ________, marketing statisticians can extract useful information about individuals, trends, and segments from the mass of data.

• A) data governance
• B) data modeling
• C) data mining
• D) data maintenance
• E) data marketing

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Definitions:

Maximise

To maximize something to its utmost potential or level.

Input

The resources such as labor, materials, and capital used in the production process to produce output.

Profit

The financial surplus remaining after all expenses have been deducted from total revenue, indicative of the financial success of a business operation.

Commodity

An essential commodity employed in business activities that is substitutable with other commodities of the identical category.