________ is a statistical technique that reveals customer behavior patterns as they purchase multiple items.
A)What-if analysis
B)Competitor analysis
C)Market basket analysis
D)Goal-seeking analysis

Question

Quizplus · Accepted Answer

Market basket analysis is a statistical technique that helps to identify customer behavior patterns as they purchase multiple items. It is used to determine which products are commonly purchased together and can be used to improve product placement or suggest product recommendations. What-if analysis is a modeling technique that helps to evaluate the impact of changes in variables and parameters. Competitor analysis involves analyzing the strengths and weaknesses of rival companies. Goal-seeking analysis is a method of finding the input values required to achieve a specific goal or target value.

________ Is a Statistical Technique That Reveals Customer Behavior Patterns