Suppose the Goal of Data Mining Using This Data Warehouse

question 47

Essay

Suppose the goal of data mining using this data warehouse was to predict whether a household's telecommunication needs will increase, decrease or stay the same over the next year. What technique might be most appropriate for achieving this goal?

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Definitions:

Merchandise Trade Balance

The difference between a country's imports and exports of goods.

Tangible Products

Physical items that can be touched, seen, and usually measured, such as books, furniture, and food items.

Finance

The management of large amounts of money, especially by governments or large companies.

Unilateral Transfer

A one-way transfer of money, goods, or services from one country to another, without a direct or equivalent return.