Multiple Choice
Why has data mining gained the attention of the business world?
A) More intense competition at the global scale driven by customers' ever-changing needs and wants in an increasingly saturated marketplace.
B) Consolidation and integration of database records, which enables a single view of customers and vendors.
C) Significant reduction in the cost of hardware and software for data storage and processing.
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: List and briefly explain four of the
Q2: _ are essentially a hierarchy of if-then
Q3: The most commonly used measure to calculate
Q5: In order to be applied successfully,a data
Q6: Data mining requires a separate,dedicated database.
Q7: Using existing and relevant data,data mining builds
Q8: List and briefly describe three of the
Q9: Two types of categorical data are nominal
Q10: The model's ability to make reasonably accurate
Q11: Data mining is tightly positioned at the