What Could a Catalogue Retailer Use to Determine That Customers

question 100

Multiple Choice

What could a catalogue retailer use to determine that customers who change residences are three times more likely than customers who have not moved to buy tables,fax machines,and decorative products but no more likely to buy jewellery or footwear?

• A)data mining
• B)information search
• C)evoked sets
• D)an information environment

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Definitions:

Investment Account

An account that holds securities, cash, and other investments for investment purposes.

Investing

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Compounded Annually

The process where interest earned in one period is added to the principal sum and then interest in the next period is calculated on the new total.

Ordinary Annuity

A series of equal payments made at regular intervals, such as monthly or annually, with the payments occurring at the end of each period.