A Retailer Can Use Data Mining to Determine When to Mark

question 58

True/False

A retailer can use data mining to determine when to mark merchandise down and how much to mark it down.

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Definitions:

Program Instructions

Precise directions or commands that, when executed, cause a computer to perform a specific task or set of tasks.

Temporarily Stores

A method or location for holding data or information for a short period of time in a computer or other device, often used to enhance performance or manage resources efficiently.

Supercomputers

Extremely powerful computers with high computational capacity, used for advanced scientific calculations, weather modeling, and complex simulations.

Mainframe Computers

Large, powerful computers used primarily by large organizations for critical applications, bulk data processing, and enterprise resource planning.