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A retail business wants to improve its marketing strategy.
Data Table
Customer Demographics
The table shows the age and income levels of customers.
| Age Group | Income Level |
|---|---|
| 18-24 | Low |
| 25-34 | Medium |
| 35-44 | High |
| 45+ | Medium |
- a[4]
Explain how the business can use this data for market segmentation.
Aim for approximately 4 distinct marking points.
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