Sequential Pattern Mining Is a Data Mining Approach That Is

question 41

Multiple Choice

Sequential pattern mining is a data mining approach that is concerned with finding statistically ______________ between data examples where the values are delivered in a sequence.

• A) Significant misinformation
• B) Relevant patterns
• C) Irrelevant patterns
• D) Insignificant information

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Definitions:

Actual Costs

The real costs incurred in the production, acquisition, or other activities of a business, as opposed to estimated or budgeted costs.

Standard Costs

An accounting practice where predetermined costs are used for calculating the cost of production, often for budgeting and performance evaluation purposes.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit of material.

Actual Costs

Expenditures that a company incurs, as opposed to estimations or budgeted amounts.