Question: Page 135, Problem 5.4: Consider the following decile-wise chart for a transaction data model. 7 6 5 Decile mean / Global mean 3 2 1

Page 135, Problem 5.4: Consider the following

Page 135, Problem 5.4: Consider the following decile-wise chart for a transaction data model. 7 6 5 Decile mean / Global mean 3 2 1 1 2 3 4 5 6 7 8 9 10 Deciles a. Interpret the meaning of the first and second bars from the left. b. Explain how you might use this information in practice

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