________ Analysis That Identifies Groups of Entities with Similar Characteristics

question 21

Short Answer

________ analysis that identifies groups of entities with similar characteristics is a common unsupervised data-mining technique.

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Definitions:

Deposit

Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.

Deposits

Funds placed into an account at a financial institution, often earning interest.

Interest

The cost of borrowing money or the payment received for lending money, often expressed as a percentage of the principal.

Savings

Money that is set aside for future use rather than being spent immediately, often with the aim of achieving longer-term financial goals.