Question: About TiVo Segmentation Analytics 1 . Use the dataset to create three new variables: Annual spending on electronics, Spending as a % of income, and

About TiVo Segmentation Analytics
1. Use the dataset to create three new variables: Annual spending on electronics, Spending as a % of income, and Purchase frequency per year.
2. Using segmentation, divide the dataset into up to four mutually exclusive segments along a single basis that best supports the analysis. For example, if you decide to segment 2 based on the variable Education, the Total Dataset column of the table will contain data for the entire dataset (i.e., the Total Market), Segment 1 will contain to data for none, Segment 2 will contain data for BA, Segment 3 will contain data for MA, and Segment 4 will contain data for PhD. Feel free to combine adjacent segments (e.g.,MA and PhD combine into one MA or PhD) if you believe that will strengthen your analysis. The mutually exclusive segments, when aggregated, comprise the Total Market. Typical segmentation bases include demographics (e.g., age, annual income) and behaviors (e.g., average annual spend on electronics, TV Viewing Hours/Day, Purchasing location). Segmentation is a creative process, so you have wide latitude to segment in any way the data allows. Explain your choice.
3. Use Excel PivotTables to profile the total market and each segment per the table found in the assignment file labeled TiVo Case Analysis Segment Summary Table that is available in HuskyCT. In narrative form, analyze the size and persona of each segment based on your profiles. Highlight characteristics of each segment that make it distinctive. Include the completed table in your submitted assignment as an appendix.
4. Rank-order the segments from most- to least-attractive to TiVo and explain your reasoning.

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