________ Is the Mining of Large Amounts of Data to Find

question 12

Short Answer

________ is the mining of large amounts of data to find insights that enhance competitive advantage.

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Definitions:

P(A ∩ B)

The probability that both events A and B occur at the same time.

Convergent Thinking

A cognitive process in which one focuses on arriving at a single, correct solution to a problem, as opposed to generating multiple solutions.

Preconceptions

Pre-existing ideas or biases formed before having evidence or detailed knowledge, often influencing perception and decision-making.

Intuition

Intuition involves understanding or knowing something instinctively, without the need for conscious reasoning.