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A Data- Mining Tool Uses Statistical Analysis to Enable Banking

question 49

True/False

A data- mining tool uses statistical analysis to enable banking personnel to assess new loan applications.


Definitions:

Boolean Operators

Terms such as AND, OR, and NOT that allow one to fine-tune a database search.

Logarithmic

Related to a scale or mathematical function that grows in proportion to the logarithm of a variable.

Bodleian

Referring to the Bodleian Library, a famous historical library associated with the University of Oxford.

Numeric

Related to, consisting of, or expressed in numbers or digits, often used in the context of data or information that can be quantified.

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