What Is a Common Association Detection Analysis Technique Where You

question 207

Multiple Choice

What is a common association detection analysis technique where you analyze certain items to detect customers' buying behavior and predict future behavior?

• A)clustering factors
• B)mashup technology
• C)market basket analysis
• D)drill-down basket analysis

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Definitions:

Cost of Goods Sold

Direct expenditures involved in generating the products a company markets, namely materials and labor.

Operating Income

Income generated from a company's primary business activities, excluding deductions for interest and taxes.

Cash Sales

Revenue generated from transactions where payment is made in cash immediately upon purchase.

Supplies Expense

Supplies Expense represents the cost consumed in the use of supplies, such as office supplies, during a reporting period.