_____Is a Statistical Method of Identifying Patterns Among a Large

question 99

Short Answer

_____is a statistical method of identifying patterns among a large number of variables.

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Definitions:

Industry

A group of companies or businesses that produce or supply goods, services, or sources of income within a similar sector.

Test Marketing

Introduction of a new product supported by a complete marketing campaign to a selected city or geographic area.

Product Development

The creation of new products or improvement of existing products to meet customer needs or market opportunities.

Commercialization

The process of bringing new products or services to market, including production, distribution, and marketing strategies to turn innovations into viable business offerings.