LLBean,Inc

question 24

Multiple Choice

L.L.Bean,Inc.has been reducing the number of catalogues it sends out over the past several years while increasing its sales and profits.L.L.Bean now uses a number of criteria to establish a model showing which catalogues buyers purchased from and to judge their likelihood of buying from a catalogue that they have never purchased from.
-Refer to L.L.Bean,Inc.What does L.L.Bean use to collect this information?

• A) predictive data
• B) hypothesis testing
• C) correlation analysis
• D) modelling

---

Definitions:

Structured Narratives

Stories or accounts organized in a clear, logical manner, often following a specific format or template.

Stylized Versions

Adapted or designed versions of something that emphasize a particular style or artistic effect.

Microsoft Visio

A diagramming and vector graphics application that is part of the Microsoft Office family.

Specialized Software

Computer programs designed to perform specific tasks or functions for particular users or industries.