Which of the Following Data Mining Techniques Would Be Applied

question 28

Multiple Choice

Which of the following data mining techniques would be applied when trying to identify any underlying heterogeneity within housing patterns in a community?

• A) Class description
• B) Class discrimination
• C) Cluster analysis
• D) Association analysis

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Definitions:

Inventory Purchases

The process of acquiring goods or raw materials that a business holds for the ultimate goal of resale or production.

Merchandise

Products that are purchased and sold during business activities.

Cash Balance

is the amount of liquid funds that a company or individual possesses at any given time, available for immediate use.

Receivables

Financial obligations of customers to a company for merchandise or services already supplied or consumed, but for which payment is still outstanding.