Asking a Group of Households to Record Their Consumption of Certain

question 29

Multiple Choice

Asking a group of households to record their consumption of certain products over a two-year period is an example of ____.

• A)model building
• B)database marketing
• C)data transformation
• D)diary panel data

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Definitions:

Item of Interest

A specific object, event, or topic that attracts attention or concern from individuals or groups, often due to its relevance or importance.

Machine Learning

A subset of artificial intelligence in which a system can learn from data, identify patterns, and make decisions with minimal human intervention.

Detect Fraud

The process of identifying and preventing deceptive actions typically involving the intentional misrepresentation of information for personal gain.

Prevent Fraud

Measures and strategies put in place to detect, prevent, and minimize fraudulent activities.