Which mathematical technique revolutionized retail customer lifetime value calculations by incorporating probability distributions to predict future purchasing behavior?

In the world of retail, mathematical models have revolutionized how businesses understand customer behavior and optimize operations. Predictive analytics has become particularly valuable for inventory management, pricing strategies, and personalization. This poll tests your knowledge of how mathematical innovations have transformed retail data analysis and customer lifetime value calculations.

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Pareto Principle Analysis
Markov Chain Modeling
Fibonacci Sequence Forecasting
Euclidean Distance Clustering