________ Techniques Emerged from the Combined Discipline of Statistics,mathematics,artificial Intelligence

question 12

Multiple Choice

________ techniques emerged from the combined discipline of statistics,mathematics,artificial intelligence and machine-learning.

• A)Data encryption
• B)Data warehousing
• C)Data mining
• D)Data integration

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Definitions:

Quantity Effect

The impact on total revenue when the quantity sold changes while holding price constant.

Total Revenue

The total amount of money generated from the sale of goods or services before any costs or expenses are deducted.

Price Elasticity

The extent to which the amount of a good that is sought after moves due to a difference in price.

Price Reduction

A decrease in the amount charged for a good or service, often used as a sales strategy to increase demand or respond to excess supply.