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Web analytics helps companies to estimate how traffic to their website changes after the launch of a new advertising campaignA is a group of associated items that consumers tend to use together or think of as part of a group of similar products. prod

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Answer 1:

TRUE

The given statement is true that web analytics helps companies to estimate how traffic to their website changes after the launch of a new advertising campaign.

Web analytics helps in collecting, analyzing and reporting of web data to understand the usage of a web page or web data. It is a tool to measure the web traffic. But it is not just a mere tool. It is also a process that is used by the companies to evaluate the changes in the usage of web data after the launch of new advertising campaign. It collects the data and analyzes it to report the pattern of traffic after an advertising campaign is launched. It gathers information on the basis of visitors to a website, number of page views, time spent a user on the web page etc. On the basis of this collected data, it helps to understand and estimate the change in traffic on the web page due to launch of new advertising campaign.

Answer 2:

PRODUCT LINE

A Product line is a group of associated items that consumers tend to use together or think as a part of a group of similar products. Usually, product line refers to the similar products that are sold by the companies under a single brand name. Companies sell multiple products under the same brand name as the consumers are familiar and loyal to it. Once a product is known in the market, the brand is known for its quality. Then the companies launch more and similar products that are related under the single and same brand name so as to make then popular among the consumers. The consumers usually buy the products in the product line for the assurance of the brand value attached with it.

Answer 3: (Question 13)

PANEL DATA

Panel data is a statistical method of research that consists of multiple observations. It is used for quantitative research report. It is done by pooling the research conducted on various sampling units. It is also known as longitudinal data or cross-functional time series data in some special cases.

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