collection of new data

feedback $($i$.$e$.,$ some prediction$)$ to the consumer

automated retraining of predictive models

predictive statistical analyses

$7$ Secondary data is most commonly used in data mining, while primary data is generated through research.

$8$ The Netflix Prize case demonstrates which of the following principles? $($Select all that apply.$)$

The power of crowdsourced data science competitions

The limitations of groupthink

The incompetence of the Netflix data scientists

There are ways of sharing data that can be of great value to everyone

None of the above are principles demonstrated by the Netflix case

How would you classify each technology:

You must match all pairs correctly for credit.

A large video display in a sales

room that indicates the percent of

the sales goal achieved in real time

A one$-$time experiment is

performed to determine which

sales approach yields more

conversions

A supply chain management

system automatically reorders

inventory from the lowest$-$cost

supplier from a list of potential

suppliers who's prices regularly

change

A mobile app that notifies you of

the name of the person ringing

your doorbell simply by

recognizing them from an image

Drag and drop the choices from below.