Mathematical modeling is useful for marketing research because it provides
A) exact answers about how the market will behave and guidelines for implementing the marketing mix.
B) an efficient way to study problems with extremely large secondary data sets.
C) a simple way to quantify data.
D) a way to convert data into graphs.

Question

Quizplus · Accepted Answer

Math modeling is useful because it provides an efficient way to study problems with extremely large secondary data sets.

Mathematical Modeling Is Useful for Marketing Research Because It Provides