Data Mining Uses Supercomputers That Run Sophisticated Programs

question 85

Essay

Data mining uses supercomputers that run sophisticated programs.Analysts can combine different databases to study relationships among buying decisions.At times these operations are so complex that companies need to build a data warehouse simply to store the data and process it.Explain how a company might use a data warehouse.

---

Definitions:

Antitrust Focus

Refers to the concentration on laws and regulations that prevent monopolies, promote competition, and ensure fair trade practices among businesses.

Chicago School

An economic school of thought originating from the University of Chicago, focusing on minimal market regulation and the importance of free-market principles.

Sherman Act

A foundational antitrust law in the United States aimed at promoting competition and prohibiting monopolistic business practices.

Violation

An act that breaks or disobeys the rules, laws, or agreements, often leading to legal consequences.