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________ Is the Application of Statistical Techniques to Find Patterns

question 31

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________ is the application of statistical techniques to find patterns and relationships among data and to classify and predict.


Definitions:

Salaries Expense

The total amount recorded by a business for the wages and salaries paid to employees during a reporting period.

Partially Funded Pension Rights

Pension benefits that are partially backed by funding; not fully financed in advance.

Pension Expense

The cost recognized by an employer for the estimated liabilities of pension payments to retirees.

Salaries Expense

The cost incurred by a company to pay for employee services performed during a period.

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