Question

Which data source allows for price regression and lift analysis, and in-depth profit, promotion and pricing analysis?

A) Market Research
B) Consumer Surveys
C) Retailer POS Data
D) Social Media Data

Answer 1

Retailer POS Data is the data source that allows for price regression and lift analysis, and in-depth profit, promotion, and pricing analysis.

Step-by-step explanation:

The data source that allows for price regression and lift analysis, and in-depth profit, promotion, and pricing analysis is Retailer POS Data. Retailer POS Data is the data source that allows for price regression and lift analysis, and in-depth profit, promotion, and pricing analysis.

Retailer POS (Point-of-Sale) data refers to the information collected at the time of purchase from the cash registers or checkout systems in retail stores. This data includes details about the price of products, promotions, and sales volumes, which are crucial for conducting price regression, lift analysis, and in-depth analysis of profit, promotion, and pricing.