We Have Done an RFM Analysis on Our Customer Data

question 76

Multiple Choice

We have done an RFM analysis on our customer data.John Smith has a score of "5 1 1".This means that John:

• A)has ordered recently,and orders a lot when he orders.
• B)hasn't ordered recently,but orders a lot when he orders.
• C)has ordered recently,but doesn't order a lot when he orders.
• D)hasn't ordered recently,and doesn't order a lot when he orders.
• E)None of the above is correct.

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Definitions:

Increased Intelligence

The improvement or enhancement of cognitive functions, including memory, problem-solving, and creativity, over time.

Culturally Biased

Having or showing an unfair tendency to favor or disfavor something based on one's own culture, beliefs, or preferences.

Intelligence Tests

Standardized assessments designed to measure human intelligence or cognitive abilities.

Socioeconomic Status

A measure of an individual's or family's social and economic position relative to others, based on income, education, and occupation.