Data Mining May Uncover Relationships in Which No Causality Should

question 36

Multiple Choice

Data mining may uncover relationships in which no causality should be implied.In these cases,which of the following phases would be most appropriate?

• A)"A improves B."
• B)"A has an impact on B."
• C)"A is associated with B."
• D)"A enhances B."

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Definitions:

Progressive

Pertaining to a taxation system where the tax rate increases as the taxable amount increases, aiming for a more equitable distribution of wealth.

Inelastic

A characteristic of a good or service whose demand does not change significantly when its price changes.

Efficiency Loss

Reductions in combined consumer and producer surplus caused by an underallocation or overallocation of resources to the production of a good or service. Also called deadweight loss.

Perfectly Inelastic

A situation where the demand or supply for a good or service remains unchanged regardless of changes in its price.