Question 11Which of the following questions could be answered by predictive analysis? Please check all that applies.1 point"What items may my clients also be interested in purchasing?" "What factors may cause a customer to do business with a competitor?" "On what days of the week do sales typically slow down?""How can my organization earn the trust of a customer?"
Question
Question 11Which of the following questions could be answered by predictive analysis? Please check all that applies.1 point"What items may my clients also be interested in purchasing?" "What factors may cause a customer to do business with a competitor?" "On what days of the week do sales typically slow down?""How can my organization earn the trust of a customer?"
Solution
The questions that could be answered by predictive analysis are:
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"What items may my clients also be interested in purchasing?" - Predictive analysis can analyze past purchasing behavior to predict what other items a client may be interested in.
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"What factors may cause a customer to do business with a competitor?" - Predictive analysis can identify patterns and trends that may indicate why a customer might choose a competitor.
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"On what days of the week do sales typically slow down?" - Predictive analysis can analyze sales data to predict patterns, such as slower sales on certain days of the week.
The question "How can my organization earn the trust of a customer?" is more subjective and would likely require qualitative research methods rather than predictive analysis.
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