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What Is Data Mining, and Why Is It Used in Marketing

question 56

Essay

What is data mining, and why is it used in marketing research?


Definitions:

Defined

Described or explained clearly with specific details and boundaries.

Compensation

An effort to overcome a real or imagined deficiency by developing a skill or trait to make up for the deficiency.

Real-life Example

An actual instance or occurrence in everyday life used to illustrate or explain a concept, idea, or phenomenon.

Young Child

Describes a person in the early stages of life, typically under the age of 8, during which significant psychological and physiological development occurs.

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