Which of the Following Statements About Data Mining Is True

question 45

Multiple Choice

Which of the following statements about data mining is true?

• A) Data mining is the specific process used to match buyers and sellers.
• B) Data mining is too expensive for most companies to use at this time.
• C) The two forms of data mining are centralized and decentralized.
• D) Data mining typically uses data from a data warehouse.
• E) All of these statements about data mining are true.

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Definitions:

Behavioral Economists

Economists who study the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, which can be influenced by culture, attitudes, emotions, and genetics.

Behavioral Economics

A field of economics that studies how psychological, emotional, cognitive, and social factors affect economic decisions.

Stock Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the company's equity.