Data becomes valuable information when it is processed and analyzed, allowing businesses to make informed decisions. In this case, analyzing the customer feedback can help the company understand customer needs, improve products, and potentially increase customer satisfaction and sales. Simply collecting data without analyzing it does not add value to the business. Hence, options about data volume and storage costs are incorrect, as they do not inherently determine the value of the raw data.
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What methods can be used to analyze customer feedback?
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