Data Mining,as a Process,consists Primarily of Building Statistical Models To

question 31

Multiple Choice

Data mining,as a process,consists primarily of building statistical models to:

• A)project sales relative to competitors' sales of a given product
• B)project sales of products that have not been developed yet
• C)understand the leakage in the system better
• D)understand the sales staff's motivations better
• E)understand the company's customers better

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Definitions:

Environmental Effects

The outcomes or impacts of natural and human activities on the environment, including factors like pollution, ecosystem degradation, and climate change.

GDP Deflator

A benchmark for the cost levels of all newly produced, national, final goods and services within an economy.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all final goods and services produced within a country in a year in constant prices.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period, used as a broad measure of its economic performance.