Which of the following types of research involves the application of econometric or statistical techniques to secondary data,such as scanner data collected and stored in computer files from retail checkout counters?
A)Focus groups research
B)Observational research
C)Mathematical modeling
D)Qualitative research

Question

Quizplus · Accepted Answer

Mathematical modeling involves the application of econometric or statistical techniques to analyze data, which can include secondary data such as scanner data from retail checkout counters. This approach is used to understand patterns, trends, and relationships within the data.

Which of the Following Types of Research Involves the Application