Question: Choose the appropriate term for each statement below. This can aid in: detecting concealed data patterns; examining trends; dividing markets into segments; conducting market basket

Choose the appropriate term for each statement below. This can aid in: detecting concealed data patterns; examining trends; dividing markets into segments; conducting market basket analysis. A vast repository for substantial amounts of diverse data, including detailed, summary, historical, current, external, and internal data. This refers to a subset (of a larger dataset) that pertains to a specific business function (e.g., data relevant to marketing and sales). This is commonly employed to answer ad-hoc queries that require the slicing of data from various perspectives or dimensions. Calamity Recovery Solutions (CRS) assists customers in repairing homes affected by natural calamities such as minor tremors or temporary flooding incidents. Following an event, Safeguard Insurance, a company providing coverage to customers in the affected region, estimates that the typical duration for conducting an initial damage assessment on an average-sized house would be approximately two hours. Safeguard Insurance is prepared to compensate a CRS employee responsible for carrying out such assessments at a rate of $65 per hour. Let's consider the case of Lionel, an RS employee specializing in flood damage assessment, who takes three hours to complete the assessment for an average-sized house. What is Lionel's efficiency based on the standard time estimated by Safeguard Insurance? a. 1.5 times the standard productivity b. Roughly one-third of an assessment job per hour. c. Approximately $130 for each assessment. d. Approximately $195 per assessment (before taxes). e. Approximately 67%
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