Which geospatial analysis technique is commonly used by retail chains to determine optimal new store locations based on existing store performance, competitor locations, and demographic data?

Location data has revolutionized how retail businesses make strategic decisions. Geographic Information Systems (GIS) allow retailers to analyze customer behavior, optimize store placement, and tailor marketing efforts to specific regions. Test your knowledge about how geography intersects with retail analytics in this challenging trivia question!

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Huff Gravity Model
K-means clustering
Moran's I spatial autocorrelation
Voronoi tessellation