The Ultimate Goal of Data Mining Is

question 58

Multiple Choice

The ultimate goal of data mining is

• A)to make data accessible and usable to the business analyst
• B)to provide visual representation of data
• C)to develop a database management system
• D)to study frequency distributions
• E)to draw a distinction between variety and velocity

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Definitions:

Usable Information

Data or facts that have been processed or organized in a way that they can be understood and utilized by the user, often to make decisions or solve problems.

Decision-Making Process

The cognitive process leading to the selection of a course of action among several alternative scenarios.

Black Box

A system or object which can be viewed in terms of its inputs and outputs without any knowledge of its internal workings.

Cognitive Dissonance

The conflict (i.e., remorse) that buyers feel after making a major purchase.