Regression Analysis Is Used to Find Groups of Similar Customers

question 61

True/False

Regression analysis is used to find groups of similar customers from customer order and demographic data.

---

Definitions:

History

The study of past events, particularly in human affairs, often documented and analyzed to understand patterns, causes, and effects.

Child Development

Refers to the physical, cognitive, and psychological growth that occurs in human beings from birth to the end of adolescence.

Reversibility

The cognitive understanding that certain actions can be undone, restoring the original state of something.

Conservation

The practice of protecting Earth's natural resources and biodiversity to sustain ecological balance and ensure their availability for future generations.