Which of the Following Shows the Products That Customers Tend

question 23

Multiple Choice

Which of the following shows the products that customers tend to buy together?

• A) regression analysis
• B) market-basket analysis
• C) neural networks
• D) cluster analysis

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Definitions:

Tying Contract

A requirement imposed by a seller that a buyer purchase another (or other) of its products as a condition for buying a desired product; a practice forbidden by the Clayton Act.

Sales Product

A good or service offered for sale by a business to customers in a market.

Misleading Advertising

Marketing or promotion that deceives consumers about the nature or quality of a product or service.