____ Refers to the Application of Mathematical Tools to Large

question 63

Multiple Choice

____ refers to the application of mathematical tools to large bodies of data in order to extract correlations and rules.

• A) fuzzy logic
• B) factor analysis
• C) data mining
• D) linear regression

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Definitions:

MICR Numbers

A line of numbers printed at the bottom of checks using a special magnetic ink; includes bank routing number, account number, and check number, used for electronic processing.

Routing Number

A nine-digit code used in the United States to identify a financial institution in a transaction.

Nine-Digit

Typically referring to a sequence of nine numbers, often used for identification purposes, such as a Social Security number in the United States.

Deposit Slip

A form supplied by a bank for a depositor to fill out, designed to document in detail the money being deposited.