Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the data set of a retailer's Cause - Marketing Donors for a Retail Firm to identify donor segments based on demographics ( age ,

Use the data set of a retailer's Cause
-
Marketing Donors for a Retail Firm to identify donor segments based on demographics
(
age
,
income
)
and participation in cause
-
marketing efforts.
Donor score is a composite measure of RFM
-
recency, frequency and monetary value
Q
1
: Can we add an appendix? The paper will be larger than
3
pages but it will help us make the images larger and more readable.
My advice:
1
)
Please make sure your narrative
+
smaller versions of your graphics fit in
3
pgs
.
Remember you don't need to collect external data for the narrative, please stick to interpreting your findings.
2
)
You can add larger version of the graphics
/
images thereafter and insert footer with words "for viewing convenience only
)
.
Please make sure the smaller and larger version of each image have the same fig. numbers.
Q
2
: Do we need to change the gender variable into a numerical variable? I.e changing Male to zeros and Female to ones to include them in our cluster analysis? Or can we leave the Gender variable as is
?
\
table
[
[
Customerl
,
Gender,Age,Annual Inc
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The ABCs Of Property Management

Authors: Ken McElroy

1st Edition

9781937832537

More Books

Students also viewed these General Management questions

Question

What is the difference between a salary and a draw?

Answered: 1 week ago

Question

Create or modify a schedule that best meets your patients needs.

Answered: 1 week ago