Which of the following is the major difference between OLAP and RFM analysis?
A) OLAP sorts data to derive conclusions whereas RFM analysis does not.
B) OLAP is used during the data preparation stage of the reporting process whereas RFM analysis is used during the analysis stage.
C) OLAP uses the basic analysis operations of grouping and filtering whereas RFM analysis does not.
D) OLAP produces interactive reports whereas RFM analysis produces noninteractive reports.

Question

Quizplus · Accepted Answer

OLAP (Online Analytical Processing) is designed to produce interactive reports that allow users to drill down into data, whereas RFM (Recency, Frequency, Monetary) analysis typically results in static, noninteractive reports that categorize customers based on their purchasing behavior.

Which of the Following Is the Major Difference Between OLAP