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When an Organization Uses Powerful Computers to Try to Discover

question 33

Short Answer

When an organization uses powerful computers to try to discover patterns of customer relationships for its products,this is known as ____________________.


Definitions:

Central Tendency

A statistical measure that identifies the center of a data set, often using the mean, median, or mode.

Variation

Differences or diversities in characteristics among individuals of a population, species, or between groups.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Mean Age

An arithmetic average age of all the individuals in a given group or sample.

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