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With ________ Data Mining,data Miners Develop a Model Prior to the Analysis

question 32

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With ________ data mining,data miners develop a model prior to the analysis and apply statistical techniques to data to estimate parameters of the model.


Definitions:

Selling Price

The amount of money that a seller charges for a product or service.

Required Rate

The minimum return that investors seek on an investment, taking into account the risk involved.

Multiple Discriminant Analysis

A statistical technique used to differentiate items or cases into groups by analyzing multiple variables simultaneously.

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