_____ was the technique used to suggest that the customer who wanted to buy the $29 shirt would also be a likely prospect for the cigar humidor.
A) Predictive modeling
B) Customer segmentation
C) Market aggregation
D) Recency-frequency-monetary analysis
E) Data interpolation

Question

Quizplus · Accepted Answer

Predictive modeling is a technique that uses statistical algorithms and machine learning to analyze data and make predictions about future events or behaviors. In this case, the technique was used to predict that the customer who was interested in purchasing a $29 shirt would also be interested in buying a cigar humidor. This prediction was based on factors such as the customer's purchase history, demographics, and other data points. Customer segmentation, market aggregation, recency-frequency-monetary analysis, and data interpolation are all related but not the best fit for this scenario.

_____ Was the Technique Used to Suggest That the Customer