Utilitarian Value Is Derived from a Product That Helps the Consumer

question 101

True/False

Utilitarian value is derived from a product that helps the consumer solve problems and accomplish tasks that are a part of being a consumer.

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Definitions:

Excel

A spreadsheet program created by Microsoft that allows users to organize, format, and calculate data with formulas.

Pivot Tables

An interactive table that automatically extracts, organizes, and summarizes data, allowing users to analyze patterns or trends.

SPSS Modeler

SPSS Modeler is a data mining and predictive analytics software application designed for building and deploying predictive models to analyze large data sets.

Data Mining

The process of analyzing large datasets to discover patterns, correlations, and insights that are not readily apparent.