What Is the Technique Used to Suggest That a Customer

question 81

Multiple Choice

What is the technique used to suggest that a customer who wanted to buy a $28 shirt would also be a likely prospect for a cigar humidor?

• A)predictive modelling
• B)customer segmentation
• C)market aggregation
• D)data interpolation

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Definitions:

α

Represents the level of significance in hypothesis testing, indicating the probability of rejecting a true null hypothesis.

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities that can be assigned to a statistical distribution while still satisfying a given number of constraints.

T-test for Dependent Means

A statistical method used to compare the means of two related groups.

α

In statistics, α (alpha) typically represents the level of significance, the probability of rejecting the null hypothesis when it is actually true.