The Process That Involves the Computerized Search for Meaningful Trends

question 151

Multiple Choice

The process that involves the computerized search for meaningful trends in a large amount of data is known as

• A)data mining.
• B)data warehousing.
• C)data trending.
• D)predictive modeling.
• E)trend modeling.

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Definitions:

Clearly Stated

Explicitly articulated or expressed in a manner that leaves little to no room for misunderstanding or ambiguity.

Evidence-based Management

An approach to making managerial decisions and organizational practices based on the best available evidence from various sources, including scientific research and business data.

Copious Amounts

Large quantities or volumes of something, often more than what is considered normal or necessary.

Real Time

Information processing or communication that occurs instantaneously or with negligible delay.