Question: What is data mining? What is OLAP? How are they different?

What is data mining? What is OLAP? How are they different?

Step by Step Solution

★★★★★

3.33 Rating (174 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Data mining is the automated discovery of patterns and relati... View full answer

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

Document Format (1 attachment)

Word file Icon

377-B-A-I-S (5745).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

What are electronic payments? How are they different from credit card payments?

Q:

What are standards? How are they different from policy?

Q:

Identify the three categories of entrepreneurs. How are they different from each other? How might an entrepreneur belong to more than one category?

Q:

What is data mining? What is OLAP? How are they different?

Q:

There are different types of electronic wallet-sized cards used in virtual cash transactions. ATM cards are classified as O shared-key cards O signature-creating cards. O memory cards. O...

Q:

Question 3 1 provides users with a view of what is happening, where q , addresses why it is happening. OLAP ( multidimensional data analysis ) ; structured query language Data mining; OLAP (...

Q:

Summarise the data types that Deutsche Bank collects and how they are used for customer relationship management. Deutsche Bank is one of the largest financial institutions in Europe, with assets...

Q:

Analytics Report Overview The purpose of this task is to provide students with practical experience in writing a data analytical report to provide useful insights, pattern and trends in a chosen...

Q:

affect the making of profit, business and positioning of company at the market, etc. Business intelligence is very important field in the phenomenon of decision making. In modern business it is the...

Q:

techniques that simplify the process of choosing one of more alternatives. In modern business the challenge is finding the possibilities for improvement of decision making of managers, Managers'...

Q:

As a certain sound wave travels through the air, it produces pressure variations (above and below atmospheric pressure) given by P = 1.27 sin (x 340t) in SI units. Find (a) The amplitude of the...

Q:

Assumption of the risk is a negligence defense that we commonly see printed whenever we purchase tickets to a rock concert, ball game, or amusement park. However, should this be a recognized defense...

Q:

Which of the following statements describe a feature available to the owner of a universal life insurance policy that is not available for traditional whole life insurance?A ) Policy loans are...

Q:

A client has capitablizable leases but refuses to capitalize them in the financial statements. Which of the following reporting options does an auditor have if the amounts pervasively distort the...

Q:

What is r 2 , and how is it used to evaluate how well data fits a linear regression model?

Q:

What is data mining? Identify three commonly used data mining techniques.

Q:

What are key performance indicators (KPIs)? Identify three KPIs that might be used in a doctor's or dentist's office to measure the patient office visit experience.

Q:

Assume that you have been hired as a consultant by a chemical company, a major producerof chemicals and plastics, including plastic grocery bags,styrofoam cups, and fertilizers, to estimate the...

Q:

A parity checker will be designed with 2 LEOs. IED O Indicating odd parity and LED E indicating even parity. If number of " 1 " s in an incoming 3 - bit bit stream is an odd number LED O will be on;...

Q:

Dabble Inc., has sales of $978,000 and cost of goods sold of $517,000. The firm had a beginning inventory of $35,000 and an ending inventory of $45,000. What is the length of the days sates in...