________ Analysis Is a Way of Analyzing and Ranking Customers

question 112

Multiple Choice

________ analysis is a way of analyzing and ranking customers according to their purchasing patterns.

• A) Regression analysis
• B) CRM
• C) Market-basket
• D) RFM

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Definitions:

Free-rider Problem

A situation where individuals consume more than their fair share of a public good, or pay less than their share of the cost, leading to underprovision or depletion of the good.

E-book

A digital format of a book that can be read on computers or other electronic devices.

National Defense

Activities and strategies undertaken by a nation to protect itself from external threats and ensure the safety of its citizens.

Police Protection

Services provided by law enforcement agencies to ensure the safety and security of citizens, preventing crime and maintaining public order.