This topic contains a solution. Click here to go to the answer

Author Question: A marketing researcher who reports on the age, gender, income, and education of consumers in a ... (Read 107 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
A marketing researcher who reports on the age, gender, income, and education of consumers in a particular city is describing geo-demographic information.
 
 Indicate whether the statement is true or false

Question 2

Verizon uses the RFM matrix to determine its most valuable customers. Recency is weighted at a 3, frequency is weighted at a 9, and monetary is valued at a 7 . Customer A has a score of R=1, F=5, M=6 . What is Customer A's RFM score?
 a. 15
  b. 31
  c. 90
  d. 100



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

T

Answer to Question 2

c




LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 28, 2018
Excellent


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library