After Reviewing the Existing Data on Seasonal Spending by His

question 123

Multiple Choice

After reviewing the existing data on seasonal spending by his company's customers, Marvin decided he needed new information collected to address his research questions. Marvin will need __________ data to address the questions in his market research study.

• A) primary
• B) secondary
• C) mined
• D) syndicated
• E) warehoused

---

Definitions:

Tomato Prices

The market value assigned to tomatoes, which can vary based on factors like seasonality, supply, and demand.

Line Chart

A type of chart that displays information as a series of data points called 'markers' connected by straight line segments.

Time-series Data

A sequence of data points collected or recorded at successive time intervals, often analyzed to understand patterns, trends, or to predict future values.

Successive Points

Consecutive data points in a sequence, often analyzed in statistical process control to identify trends or shifts in process behavior.