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SMPS CPSM Exam - Domain 01: Marketing Research 2025/2026 Exam Questions and Answers | 100% Solved

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SMPS CPSM Exam - Domain 01: Marketing Research 2025/2026 Exam Questions and Answers | 100% Solved Advanced Analytics -

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SMPS CPSM Exam - Domain 01:
Marketing Research 2025/2026 Exam
Questions and Answers | 100% Solved



Advanced Analytics - 🧠 ANSWER ✔✔Tools that use statistical analysis and

predictive modeling to forecast future events.


Audit - 🧠 ANSWER ✔✔The practice of assessing your current position -

where your firm stands right now in terms of finances, visibility within a

market sector, competition, and a variety of other measures. A SWOT

analysis is often used as an assessment tool.


Average - 🧠 ANSWER ✔✔The sum of a set of numbers, divided by the

amount of numbers in that set. One way of expressing the typical value in a

set of data.


Benchmarking - 🧠 ANSWER ✔✔A measurement activity that compares one

aspect of a thing to that same aspect in a different thing.




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, Benchmarking Survey - 🧠 ANSWER ✔✔Create a basis for comparison.

Most often used to compare one company to peer firms, can also be used

to determine best practices or key trends within a specific design typology.


Bias - 🧠 ANSWER ✔✔A prejudice shown towards or against something

based on subjective perceptions of experiences or opinions.


Big Data - 🧠 ANSWER ✔✔A collection of data sets so large and complex

that it becomes difficult to process using typical database management

tools or traditional data-processing applications.


Causation - 🧠 ANSWER ✔✔A predictive relationship between two

variables, where one causes the other.


Client Satisfaction Survey - 🧠 ANSWER ✔✔Used to gauge clients' feelings

about a firm's capabilities, staff, level of services, and success at meeting

clients' expectations. Often includes elements of perception and market

intelligence surveys.


Closed Question - 🧠 ANSWER ✔✔A form of question that limits possible

answers by providing a list of answers that the respondent must choose

from.




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