What is data mining, and how can it be useful to a business or other organization? What are some of the analytical tools it employs?
Answer to relevant QuestionsVisit the U.S. Bureau of the Census (census.gov), and find the following descriptive statistics for the county where your college or university is located: a. Median household income b. Number of Social Security ...Using a search engine and the key words “spy equipment,” identify some of the high-tech gadgets that companies or individuals can use in carrying out industrial espionage on other companies or individuals. What is meant by periodicity, and how can this present a problem when taking a systematic sample? Provide an example of a systematic sampling situation where periodicity could be a factor. In an attempt to measure the availability of component parts for a new product line, a manufacturer mails a questionnaire to 15 of the 25 companies that supply these components. Past experience with similar surveys has shown ...In general, what are some of the considerations in evaluating the suitability of data that have been generated by someone else? For what types of sources should secondary data be regarded with special skepticism?
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