A Catalogue Retailer Might Determine That Customers Who Purchased Silver

question 72

Multiple Choice

A catalogue retailer might determine that customers who purchased silver frames would also have a high probability of buying vintage hat pins. As a result, its sales representatives are instructed to offer a special price on hat pins when a customer places an order for a silver frame. This outcome is likely only possible because the retailer engaged in:

• A)database management
• B)variable analysis
• C)information extraction
• D)data mining

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Definitions:

Explicit Memory

Explicit memory involves conscious recollection of previous experiences or information, such as facts and events.

Semantic Memories

A form of enduring memory that deals with the ability to remember words, ideas, or digits, crucial for language comprehension and application.

Episodic Memories

Memories of specific events or episodes in one's life, including the contextual details of when and where they occurred.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.