___________Data- Mining Is When Analysts Do Not Create a Data

question 131

Short Answer

___________data- mining is when analysts do not create a data model or hypothesis before running the analysis.

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Definitions:

Business Cycle

The fluctuations in economic activity that an economy experiences over a period, characterized by periods of expansion and contraction.

Innovation Lag

The delay between the introduction of a new idea, process, or product and its acceptance or implementation in the market or society.

New Idea

A novel concept, thought, or innovation that has not been previously implemented or explored.

Consumer Demand

The desire and willingness of consumers to purchase goods and services at a given price.