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Business, 16.03.2020 07:39 Longjeremiahs8864

Among the explanations below, which one is not a reason to favor the use of a beta distribution to
capture cross-customer differences in our probability model of customer behavior?
It easily lends itself to make optimal decisions about marketing spending
Its parameters can easily be compared across datasets to draw insights about different groups of
customers
it is easy to implement in standard software leg. Microsoft Excel)
It is very flexible, .e. it can take on many different shapes.

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Among the explanations below, which one is not a reason to favor the use of a beta distribution to
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