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Briefly Explain Classification as a Data-Mining Tool with an Example

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Briefly explain classification as a data-mining tool with an example.


Definitions:

Additional Terms

Refers to supplementary conditions or clauses added to an agreement or contract.

Materially

In a significant or substantial manner, especially in a way that affects a contract or legal decision.

Bailment

A legal relationship where physical possession of personal property is transferred from one person to another with the understanding that the property will be returned.

Sale

A contract in which ownership of goods is transferred by the seller to the buyer for a price.

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