The Process of Selecting, Exploring, and Modeling Large Amounts of Data

question 190

Multiple Choice

The process of selecting, exploring, and modeling large amounts of data to discover previously unknown relationships id called:

• A) Data mining
• B) Data withdrawal
• C) Data removal
• D) Data insertion

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Definitions:

Expected Present Value

Expected present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Professional Contract

A legal agreement between a professional and an entity that outlines terms of employment or service provision.

Injury

Physical harm or damage to the body caused by external force, which may result from accidents, falls, hits, weapons, and other causes.

Marginal Utility

The change in total utility generated by consuming one additional unit of a good or service.