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Conceptual Connection: Estimate the impact on profit that would result from dropping Wallon. Enter amount in full, rather than in thousands. For example, 1
Conceptual Connection: Estimate the impact on profit that would result from dropping Wallon. Enter amount in full, rather than in thousands. For example, rather than
Decrease
fill in the blank of $
Conceptual Connection: Should Charlevoix keep or drop Walloon?
Keep
Conceptual Connection: Charlevoix's CFO decided to use the results of studying historical data from several key customers eg Torch, etc. to forecast the percentage of business the company likely would lose from its other customers if it were to stop making Walloon. Briefly explain the data analytic type represented by the CFO's attempt to better forecast the future behavior of its key customers. Refer to Exhibit
This use of historical customer behavior data represents an example of a
predictive
data analytic.
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