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NeX [460]
3 years ago
5

Association Rule Analysis is the statistical technique typically used to conduct market basket analysis.

Business
1 answer:
geniusboy [140]3 years ago
5 0

Answer:

The correct answer is B) it eliminates all the unpopular items for the analysis to save time (and computing power).

Explanation:

Taking into account that the analysis of the association rule takes into account a group of products that are sold for being complementary or that are sold from the purchase of others without being complementary, in a retail business it will be relevant to consider the popularity of products to determine behavior or pattern. In this sense, the "a priori" algorithm determines a previous situation that is not taken into account to study similar behaviors between products.

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Having an efficient portfolio when preparing a financial planning is undeniably important as this helps you in your decision-making; whether you engage in something while knowing the specific risk of doing that certain action.

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What are the four challenges associated with telecommuting mentioned in the article​
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Answer:

It decreases the interaction of humans. It also blurs work and personal life. It also create difficulties in demonstrating workload. It enables technology to get in the way.

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insens350 [35]

Answer:

Note that goods that are considered in general have a broad demand and goods with broad demand are inelastic as there are no substitutes for them. Goods that are specific by nature have narrow demand and have elastic demand because consumers can switch to others if the price is increased slightly.

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8 0
3 years ago
What is the basic purpose of the consumer price index (CPI)? A. to track monthly changes in prices paid by urban consumers B. to
Elina [12.6K]

Answer:

A). to track monthly changes in prices paid by urban consumers.

Explanation:

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CPI_{t}  = \frac{C_{t} }{C_{0} } * 100

where,

CPI_{t} = current Consumer Price Index

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Anika [276]

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