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Marketing executives at Diet Pepsi want to analyze the number of Diet Coke customers who switch to its product when Diet Pepsi is offered at a deep discount. What data would likely show this information?
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Marketing executives at Diet Pepsi want to analyze the number of Diet Coke customers who switch to its product when Diet Pepsi is offered at a deep discount. What data would likely show this information?

User Ilya Streltsyn
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1 Answer

5 votes

Answer:

Panel data

Step-by-step explanation:

A panel data is a multi-dimensional data that is collected over a period of time or multiple times for firms or individuals. It can also be called longitudinal data.

This kind of data usually shows a lot of things at the same time over the period of time that the data is being collected.

I hope this helps.

User Brian Kiernan
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