The Form of Data Mining That Uses Point-Of-Sale Transactions to Identify

question 19

Multiple Choice

The form of data mining that uses point-of-sale transactions to identify relationships between products purchased is known as:

• A) data conversion analysis.
• B) cross-checking analysis.
• C) market basket analysis.
• D) environmental analysis.

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Definitions:

Fixed Costs

Fixed expenses unaffected by variations in production volume or sales, like lease payments, employee salaries, and insurance fees.

Variable Costs

Expenses that vary directly with the volume of production or services a company offers, including labor and materials.

Total Revenue

A company's aggregate income from product sales and service charges within a set timeframe.

Variable Costs

Expenditures that shift in accordance with the scale of output or level of production activities.