EBK USING MIS
EBK USING MIS
10th Edition
ISBN: 9780134658919
Author: KROENKE
Publisher: YUZU
Expert Solution & Answer
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Chapter 9, Problem 9.5UYK

Explanation of Solution

Use of knowledge about Lift for major national big-box stores:

  • Market basket analysis is used to find the pattern of items bought by the customers and predict the future purchase decisions of the customers.
  • It determines how the customers buy goods together and the seller needs to know this pattern as more cross selling opportunity can be created.
  • A lift compares products and shows the relative increase or decrease in base probability of one product when other products are purchased.
  • If one can know all the items that have a high lift then he or she can take advantage of that knowledge.
  • The store can have lucrative offers and discount on one item with the added knowledge that the probability of sale of the related item also increases by a lot.
  • The store put the items together physically or sells both the items in a combo package knowing that most likely both the items will be purchased together.

For example:

One can place a particular brands conditioner along with the same brands shampoo as a combo package knowing the probability that if a customer purchases shampoo, he or she is most likely to buy conditioner of the same brand...

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Need help answering these questions!1. Design a While loop that lets the user enter a number. The number should be multiplied by 10, and the result stored in a variable named product. The loop should iterate as long as the product contains a value less than 100.   2. Design a For loop that displays the following set of numbers: 0, 10, 20, 30, 40, 50 . . . 1000   3. Convert the While loop in the following code to a Do-While loop:     Declare Integer x = 1     While x > 0        Display "Enter a number."        Input x     End While
Need help with these:Design a While loop that lets the user enter a number. The number should be multiplied by 10, and the result stored in a variable named product. The loop should iterate as long as the product contains a value less than 100.   2. Design a For loop that displays the following set of numbers: 0, 10, 20, 30, 40, 50 . . . 1000   3. Convert the While loop in the following code to a Do-While loop:     Declare Integer x = 1     While x > 0        Display "Enter a number."        Input x     End While
Convert the While loop in the following code to a Do-While loop:    Declare Integer x = 1    While x > 0       Display "Enter a number."       Input x    End While
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