Question 6 of 10Pro Only

How do you approach customer or market segmentation using statistical methods? What techniques do you use, and how do you validate that the segments are meaningful for the business?

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Segmentation is the foundation of targeted business strategy. Rather than treating all customers the same, segmentation identifies distinct groups with different behaviors, needs, and values, enabling personalized approaches that improve ROI across marketing, product, and…

segmentationRFM analysisk-means clusteringsilhouette scorecustomer profilingelbow method

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