Discuss why data mining applications are growing rapidly in business.
Question:
Discuss why data mining applications are growing rapidly in business.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
Commonly used data mining techniques ...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Modern Database Management
ISBN: 9780134773650
13th Edition
Authors: Heikki Topi, Jeffrey A Hoffer, Ramesh Venkataraman
Question Posted:
Students also viewed these Computer science questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
The goal of this assignment is to learn about real-world SDLC failures and apply what we've learned about the SDLC to these "cases". I hope that, by doing this, you will not be involved with (or,...
-
In Preparation for the winter season, a clothing company is manufacturing goose overcoats. The selling season for the company is only 4 months long and lasts from November 1 through February 28. The...
-
According to a report from the U.S. Census Bureau, "the average [lifetime] earnings of a full-time, year round worker with a high school education are about $1.2 million compared with $2.1 million...
-
On July 1, 2021, a company enters into a forward contract to buy 10 million Japanese yen on January 1, 2022. On September 1, 2021, it enters into a forward contract to sell 10 million Japanese yen on...
-
What kinds of tasks do you think can be done by machines or computers in the future to help managers improve their employees well-being?
-
Suppose your elasticity of demand for your parking lot spaces is 2, and price is $8 per day. If your MC is zero, and your capacity is 80% full at 9 A.M. over the last month, are you optimizing?
-
Competing in the global marketplace requires firms to select a global strategy. What strategy would you select for an international expansion of a Colorado based fast-food restaurant versus...
-
The following book and fair values were available for Westmont Company as of March 1. Arturo Company pays $4,000,000 cash and issues 20,000 shares of its $2 par value common stock (fair value of $50...
-
How is KNIME used as a predictive analytics tool?
-
Illustrate the goals of data mining and how they answer fundamental business questions
-
Describe how each column of an event table is represented on a DFD (that is, what symbols are used?).
-
Rio Inc. company is analyzing a project requiring an initial investment of $20 million. At the end of 7 years the machinery has no further value. The machinery falls into asset Class 38, which has a...
-
Moerdyk Corporation's bonds have a 15-year maturity, a 5.25% coupon rate with interest paid semiannually, and a par value of $1,000. The nominal required rate of return on these bonds is 7.75%. What...
-
Analyze the interest rate and the level of income that has been established in Mexico from January (2023) to date, that is, is the interest rate high or low? Is Mexico's current policy expansive? Has...
-
In 2017, $1000 worth of shirts are produced by Calvin Klein. That same year, $700 worth of shirts are sold. This means that consumption spending in 2017.............by...........and private...
-
Vora Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.80 %. Vora fund charges a front- end load of 2%, but has no 12b-1 fee and an expense ratio of 0.20%. Assume the rate of return...
-
Using the big M method to solve Problem Maximize subject to P=2x1+ 4x2 + x3 2x1 + 3x1 + 5x3 280 2x1 + 2x2 + x3 140 2x1 + x2 150 x1,x2,x3 0
-
On October 1, 2021, Adoll Company acquired 2,600 shares of its $1 par value stock for $38 per share and held these shares in treasury. On March 1, 2023, Adoll resold all the treasury shares for $34...
-
Write down the bit pattern in the fraction of value 1/3 assuming a floating point format that uses binary numbers in the fraction. Assume there are 24 bits, and you do not need to normalize. Is this...
-
Write down the bit pattern in the fraction assuming a floating point format that uses Binary Coded Decimal (base 10) numbers in the fraction instead of base 2. Assume there are 24 bits, and you do...
-
Write down the bit pattern assuming that we are using base 15 numbers in the fraction instead of base 2. (Base 16 numbers use the symbols 09 and AF. Base 15 numbers would use 09 and AE.) Assume there...
-
Paul, a NJ resident, was recently audited by the IRS. The auditor found multiple problems with Pauls tax return and proposed adjustments that Paul did not agree with. Paul requested an appeal within...
-
8 years ago you opened an account paying 5.5% with 4,500 and after 3 years you added 1,300 to the account. After that, the account paid only 4.7% for the remaining 5 years. What's it worth today?
-
At the start of the year, deft records purchases a new piece of recording equipment for $7,000. deft expects to use the equipment for 5 years and then to sell it for $500 . at the end of two years,...
Study smarter with the SolutionInn App