Firms That Are Engaged in Sentiment Mining Are Analyzing Data

question 66

Multiple Choice

Firms that are engaged in sentiment mining are analyzing data collected from

• A)experiments.
• B)in-depth interviews.
• C)focus groups.
• D)social media sites.
• E)observations.

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Definitions:

Normative Analysis

An approach in economics that involves value judgments or opinions about what the economy should be like or what particular policy actions should be recommended.

Macroeconomics

A branch of economics that deals with performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

Microeconomics

The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.

Fallacy of Composition

The erroneous belief that what is true for a part will also be true for the whole, or that individual actions will have the same effect when applied collectively.