Cluster Analysis Is a Statistical Technique That Can Be Employed

question 107

True/False

Cluster analysis is a statistical technique that can be employed in data mining.

---

Definitions:

Partnership

A legitimate arrangement for conducting business that necessitates shared managerial responsibilities and profits among multiple partners.

Small Law Practice

A small law practice is a legal firm with a limited number of attorneys, often specializing in specific areas of law and offering more personalized services than larger firms.

Revenues

The total income generated from normal business operations and other activities like investments, calculated before any expenses are deducted.

Generally Accepted Accounting Principles

A framework of accounting standards, principles, and procedures that companies follow to compile their financial statements.