What Are the Two Main Objectives Associated with Data Mining

question 37

Multiple Choice

What are the two main objectives associated with data mining?

• A) Uncovering tactics and plans
• B) Uncovering trends and patterns
• C) Uncovering intelligence and unstructured data issues
• D) Uncovering competitors and market advantages

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Definitions:

Group

A collection of individuals assembled for the purpose of conducting a study or observed in research, characterized by shared traits or conditions.

Null Hypothesis

A default hypothesis that there is no effect or no difference, and any observed difference is due to sampling or experimental error.

Sample Statistic

A numerical measure computed from a sample of data, used to estimate population parameters.

Population Parameter

A numerical value that describes a characteristic of a population.