Data Used to Build a Data Mining Model Is Called

question 33

Multiple Choice

Data used to build a data mining model is called

• A)validation data.
• B)training data.
• C)test data.
• D)exploration data.

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Definitions:

Denominator Activity

In managerial accounting, a measure of activity used to allocate fixed costs to cost objects.

Cost Per Unit

It represents the total cost incurred for producing, manufacturing, or acquiring a product divided by the number of units.

Volume Variance

A measure of the difference between the budgeted and actual volume of production, affecting costs or profitability.

Manufacturing Overhead

All manufacturing costs that are not direct labor or direct materials, such as utilities, depreciation, and maintenance of equipment.