Which of the Following Retail Analytic Applications Involves the Use

question 22

Multiple Choice

Which of the following retail analytic applications involves the use of search techniques to gain insights into customers' buying patterns?

• A) Factor analysis
• B) Regression analysis
• C) Data mining
• D) Data scraping
• E) Data cloning

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Definitions:

Brand Buzz

The conversation and excitement surrounding a brand, often measured by social media mentions, reviews, and overall public sentiment.

Facebook

Facebook is a leading social media platform that enables users to create profiles, share photos and videos, send messages, and keep in touch with friends, family, and groups.

Social Network

Online platforms that enable users to connect, interact, and share content with others within a virtual community.

Brand Buzz

The public talk or interest generated about a brand or product, often seen as a measure of its popularity and consumer engagement.