Data Mining Is Considered a Technique Of

question 2

Multiple Choice

Data mining is considered a technique of:

• A)Data Warehousing
• B)Project Management
• C)Data Martian
• D)Business Intelligence

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Definitions:

Exponential Smoothing

A time series forecasting method for smoothing data points by giving more weight to recent observations while exponentially decreasing the weights for older observations.

Forecast Errors

Discrepancies between the forecasted and actual values in demand forecasting, reflecting the accuracy of predictions.

Time-series Data

A sequence of data points collected or recorded at time-ordered intervals, often used for forecasting or statistical analysis.

Random Variations

Unpredictable fluctuations that affect data or processes, not attributable to any known cause.