When a Marketer Uses Statistical Techniques and Algorithms Based on Patterns

question 110

Short Answer

When a marketer uses statistical techniques and algorithms based on patterns of past behavior to predict future unknown events, the marketer is using ________ modeling.

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Definitions:

Taste

One of the five traditional senses; it's the sensation produced when a substance in the mouth reacts chemically with taste receptor cells located on taste buds.

Smell

The sensory perception of odorants by the olfactory system, enabling the detection and identification of chemicals in the environment.

Olfaction

The sense of smell, a chemical sensing system processing odors.

Memories

The mental storage of information, experiences, and learning, which can be recalled to inform and guide current behavior and thinking.