Question: What is Data Mining? Group of answer choices Techniques that better understanding patterns and relationships that exist in large data sets. Techniques that use models

What is Data Mining?
Group of answer choices
Techniques that better understanding patterns and relationships that exist in large data sets.
Techniques that use models constructed from past data to predict the future or to ascertain the impact of one variable on another.
Techniques that analyze input data and yield a best course of action.
Analytical tools that describe what has happened.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Programming Questions!

Q:

R130 - Risk Financing R130: Risk Financing Assignment 4 Case Study Overview of Operations Richley Stores owns and operates ve home improvement stores throughout Saskatchewan and Manitoba. Each store...

Q:

The starting point for the use of electronic data in the fraud or forensic accounting area, as a means of fraud prevention and deterrence is a/an _______________________. Group of answer choices...

Q:

1 Match the terms with the right definition. Group of answer choices Bazaar-Type Economy [ Choose ] Is a cultural and economic system in which the virtual clustering of vendors facilitates the...

Q:

1.Prior to the widespread adoption of management information systems, coordination across departments within an organization was done using which of the following technologies. Group of answer...

Q:

Question 11 pts TRUE /FALSE: Please answer the following questions as true (mostly true) or false (mostly false). In other words, which answer does it lean more towards in your opinion. One task of...

Q:

The starting point for the use of electronic data in the fraud or forensic accounting area, as a means of fraud prevention and deterrence is a/an _______________________. Group of answer choices...

Q:

Cite and reference the following: The main data-mining methods. Data mining is the process of successfully discovering new information (that did not exist before) by studying large data sets....

Q:

The starting point for the use of electronic data in the fraud or forensic accounting area, as a means of fraud prevention and deterrence is a/an _______________________. Group of answer choices...

Q:

ARE PRIVACY CONCERNS ASSOCIATED WITH CYBERTECHNOLOGY UNIQUE OR SPECIAL? Concerns about personal privacy existed long before the advent of computers and cybertechnology. Prior to the information era,...

Q:

Alavi & Leidner/Knowledge Management MISQ REVIEW REVIEW: KNOWLEDGE MANAGEMENT AND KNOWLEDGE MANAGEMENT SYSTEMS: CONCEPTUAL FOUNDATIONS AND RESEARCH ISSUES1, 2 By: Maryam Alavi John and Lucy Cook...

Q:

Address the interaction of laws and new technologies and how they have evolved each other in recent years based on the below article... BIG DATA "Privacy Versus Progress" : A Necessary Sacrifice, By...

Q:

Atmospheric pressure P decreases as altitude h increases. At a temperature of 15oC, the pressure is 101.3 kilopascals (kPa) at sea level, 87.1 kPa at h = 1 km, and 74.9 kPa at h = 2 km. Use a linear...

Q:

Picasso Restoration Company completed the following selected transactions during August 2012: Aug. 1. Established a petty cash fund of $750 10. The cash sales for the day, according to the cash...

Q:

Who pays recordation and local transfer tax for first time Maryland home buyers?

Q:

At December 31, 2020, Albrecht Corporation had outstanding 373,000 shares of common stock and 8,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On May 31, 2021, Albrecht...