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Using Observations of Past Actions to Predict Future Actions for Similar

question 6

Multiple Choice

Using observations of past actions to predict future actions for similar events is referred to as ________ and is an example of ________ analytics.


Definitions:

Consumer's Values

The guiding principles or standards of behavior that influence the choices and actions of individuals as consumers.

Decision-making

The cognitive process of selecting a course of action from among multiple alternatives.

Decision Significance

The importance or impact of a decision in terms of outcomes or consequences.

Social Significance

The impact or importance of an action, phenomenon, or aspect of society in influencing cultural, societal, or community values and norms.

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