The Data Mining Approach Called Involves the Developing of Analytic

question 35

Multiple Choice

The data mining approach called involves the developing of analytic models to describe the relationship between metrics that drive business performance like profitability, customer satisfaction, or employee satisfaction.

• A) association
• B) reduction
• C) cause-and-effect modeling
• D) classification

---

Definitions:

Financial Payments

Transactions involving the transfer of money or other monetary instruments from one party to another as compensation or for acquiring goods or services.

Immigration Effects

The impact of immigration on the economy, labor markets, and demographics of a country.

Average Wage Rate

The mean hourly rate of pay for workers in a specific region or sector, calculated by dividing total wages by the number of workers.

Domestic Output

The total value of all goods and services produced within a country's borders within a specific time period, typically measured as Gross Domestic Product (GDP).