Recognize Classification and Regression Problems in Data Mining

question 4

Multiple Choice

Recognize classification and regression problems in data mining.
-Data gathered from home improvement retailers (e.g. Lowe's, Home Depot, etc.) and
Publishing companies (magazines, books, etc.) were merged into one data warehouse.
Suppose data mining is used to determine whether or not a household subscribes to
Magazines about home and garden. In data mining this is referred to as what type of
Problem?

• A) Regression.
• B) Transactional.
• C) Unsupervised.
• D) Classification.
• E) None of the above.

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Definitions:

Utility

A measure of satisfaction or happiness that a consumer derives from the consumption of goods and services.

Consumption Bundle

A mix of products and services selected by a consumer for use at a specific moment.

Price

The budgeted amount foreseen, called for, or remitted as remuneration for something.

Cup of Coffee

A typical measure for serving coffee, involving brewing ground coffee beans with hot water, often enjoyed as a beverage worldwide.