What Is Data Mining

question 78

Essay

What is data mining?

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Definitions:

Miles Per Hour

A measurement of velocity indicating how many miles are covered within an hour.

Compute

Refers to the action of performing mathematical calculations or processing data using a computer or computational device.

Imperfect Price Signals

Situations in markets where prices do not fully reflect all available information, leading to inefficiencies in allocation of resources.

Political Pressure

The use of influence, persuasion, or coercion by individuals or groups to affect governmental decision-making or policy outcomes.