Marketing Analytics Quiz



Question 1: In RFM analysis, what does R, F and M stand for?
Reduction, Force, Marketing
Recency, Frequency, Monetization
Regression, Factor Analysis, Measures of Central Tendency
Repeat, Factor, Marketing Mix

Question 2:In the most frequently quoted example of market basket analysis, what did researchers discover sold often with diapers? In RFM analysis, what does R, F and M stand for?
Beer
Baby Powder
Ice cream
Ice cream

Question 3:Complete the following product life cycle- Awareness, Trial, Evaluation,
Repeat and Advertising
Profit and Repeats
Repeat and Resonance
Adoption and Repeat

Question 4:What does RoMI stand for
Return on Marketing Initiative
Return on Marketing Investment
Repeat on Marketing Initiatives
Repeat on Marketing Investments

Question 5:In Marketing Mix Modeling, a frequently used metric is TRP. What does TRP stand for?
Television Rating Points
Television Ranking Points
Television Ranking Product
Television Repeat Product



Question 6:In statistical models what is a KS value?
A non-parametric test to compare two samples
A measure of strength of the regression
A test of model validity
A parametric test to compare two samples

Question 7:Which of the following is NOT an example of churn analysis
A telecom company trying to predict the probability of customer attrition
A credit card company measuring the amount of balances lost every
A retail store measuring the average length of a relationship
A retail store measuring the probability of two products being in the same basket

Question 8:What is buzz metrics?
A measure of the quantity of honey produced by a swarm of bees per time period
The strength of a brand as measured by its online positive and negative opinions
The strength of a company as measured by its number of employees
The strength of a brand as measured by number of users

Question 9:Which of the following is NOT a step in marketing mix modeling?
Adstock transformation
Multiple regression
Cluster Analysis
Calculating RoI of different marketing spends

Question 10:True of False. "80% of Individuals who buy a LCD Television buy a DVD Player after 4.5 months" is an example of an association rule
True
False


Determine Your Marketing Strategy Quotient

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