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Which of the Following Data-Mining Techniques Is Used to Predict

question 6

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Which of the following data-mining techniques is used to predict values and make classifications,such as "good prospect" or "poor prospect" customers?


Definitions:

Unemployment Rate

The figure showing unemployed individuals in the labor force who are searching for jobs actively.

Production Possibility Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.

Literacy Rate

The percentage of people within a population who have the ability to read and write.

Production Possibilities Curve

A graphical representation that shows the maximum number of goods or services that can be produced within an economy given available resources and technology.

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