In RFM analysis,an R score of 5 shows that ________.
A) the customer has bought the most expensive item
B) the customer has purchased the least expensive item
C) the customer has not made recent purchases
D) the customer has frequently ordered costly items
Correct Answer:
Verified
Q7: The RFM score is obtained by ranking
Q11: Cheryl Inc. ,a leading cosmetics manufacturer,wants to
Q12: Which of the following RFM scores refer
Q13: Data mining techniques are essential for database
Q14: Which of the following is the first
Q16: _ is a way of analysing and
Q21: RFM analysis is a complex technique which
Q26: RFM can be a useful tool to
Q32: A reporting system generating RMF data can
Q35: The frequency of customer purchases is not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents