LLBean,Inc

question 62

Multiple Choice

L.L.Bean,Inc.has been reducing the number of catalogs it sends out over the past several years while increasing its sales and profits.With _____,L.L.Bean now uses a number of criteria to establish a model showing which catalogs buyers purchased from and to judge their likelihood of buying from a catalog that they have never purchased from.

• A) predictive data
• B) trending
• C) correlation analysis
• D) modeling
• E) hypothesis testing

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Definitions:

Self-description

An individual's narrative or explanation of their own characteristics, experiences, or identity.

Trust

A firm belief in the reliability, truth, or ability of someone or something, crucial for building strong relationships.

Avoiding Commitments

Actively steering clear of obligations, duties, or engagements that require dedicated involvement.

Self-disclosure

The act of sharing personal or private information about oneself with others, which can foster trust and build relationships.