Question: A company uses statistical techniques and algorithms based on consumers' past buying behavior to predict what those consumers may buy in the future. This is

A company uses statistical techniques and algorithms based on consumers' past buying behavior to predict what those consumers may buy in the future. This is an example of _____. Multiple choice question. machine learning ethnographic research demand analysis competitive intelligence predictive modeling

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!

A company uses statistical techniques and algorithms based on consumers past buying behavior to predict what those consumers may buy in the future. This is an example of Blank _ _ _ _ _ _ . Multiple...

The use of statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior is called Multiple Choice A. demand analysis. B predictive modeling. C....

Collectively, the people, technologies, and procedures aimed at supplying a company's marketing information needs are called Question 1 options: a marketing information system. a data warehouse. a...

contributed articles DOI:10.1145/ 2602574 How to use, and influence, consumer social communications to improve business performance, reputation, and profit. BY WEIGUO FAN AND MICHAEL D. GORDON The...

post DataXu: Selling Ad Tech On June 20, 2016, DataXu CEO Mike Baker surveyed the beachfront at the Cannes Lions International Festival of Creativity. Each year, Cannes, a seaside town on the French...

I have attached the question. I will post student question when I receive one later. Chapter 2, Customer Behavior and 3, Segmentation of textbook can also be used. Marketing Management: MKT500 Week 1...

Old MathJax webview Students are expected to read and critically assess an article assigned by the instructor. Read, reread, and consider the ideas advanced by the author. Do you agree? Disagree? Are...

Students are expected to read and critically assess an article assigned by the instructor. Read, reread, and consider the ideas advanced by the author. Do you agree? Disagree? Are the ideas presented...

SUMMARY this journal, the length of it should not be more than 2 pages, with 1.5 spacing size 12 Times New Rome. Available online at www.sciencedirect.com Journal of Empirical Finance 15 (2008) 199 -...

How should a business tie compensation to successful implementation of a marketing plan?

What forms of sales promotion are best suited for the following brands? Justify your position. a) Secret deodorant b) Quaker Chewy Granola Bars c) Blue Mountain Resort (or any similar ski or golf...

A company is deciding whether to lease or buy an asset. Lease Option: Annual lease payment of $ 2 0 , 0 0 0 for 5 years. Buy Option: Purchase price of $ 9 0 , 0 0 0 , with a salvage value of $ 1 0 ,...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

Teamwork. Global. Technology. Form teams of three students. Choose a culture you are not totally familiar with but would like to learn more about. Research (through the Internet or interviews) the...

Teamwork. Bring a newspaper,magazine, or book to class. a. Working in a group of four, have one member read aloud for five minutes while the other three members listenone using cautious listening,...

Global. Teamwork. Conduct an in-class debate on whether ineffective listening is strictly an American problem or whether it exists worldwide. Do the secondary research necessary to support your or...