The Extraction of Data from Various Sources - for Instance

question 17

Short Answer

The extraction of data from various sources - for instance, social networking sites - to uncover patterns and possible causes of behaviour is known as ____ _______.

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Definitions:

Time Inconsistency Problem

A situation where a decision-maker's preferences change over time, leading to a conflict between past and present desires.

Saving Rate

The portion of disposable income that is not spent on consumption but saved or invested.

Rate Of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Studies

Systematic investigations or research aimed at acquiring knowledge and understanding through observation, experimentation, and analysis.