Question

Marketing executives at Diet Pepsi want to analyze the number of Diet Coke customers who switch to its product when Diet Pepsi is offered at a deep discount. What data would likely show this information?

Answer 1

Answer:

Panel data

Explanation:

A panel data is a multi-dimensional data that is collected over a period of time or multiple times for firms or individuals. It can also be called longitudinal data.

This kind of data usually shows a lot of things at the same time over the period of time that the data is being collected.

I hope this helps.