Geodemographic Techniques Combine Data on Consumer Expenditures and Socioeconomic Variables

question 116

True/False

Geodemographic techniques combine data on consumer expenditures and socioeconomic variables with geographic information.

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Definitions:

Observational Data

Information collected through directly witnessing or recording physical occurrences and behaviors, without manipulating the environment or subjects.

Primary Data

Information collected directly by researchers through surveys, interviews, or experiments, specifically for their study’s purpose.

Facts And Figures

Quantifiable data and statistical information used to support arguments, make decisions, or present information in a clear and concise manner.

Newly Collected

Recently gathered information or data that has not been previously recorded or analyzed.