Which of the Following Statements Is True of Unsupervised Data

question 86

Multiple Choice

Which of the following statements is true of unsupervised data mining?

• A) Analysts apply data mining techniques to estimate the parameters of a developed model.
• B) Analysts create hypotheses only after performing an analysis.
• C) Regression analysis is the most commonly used unsupervised data mining technique.
• D) Data miners develop models prior to performing an analysis.

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Definitions:

Niche Marketing

A targeted marketing strategy focusing on a specific portion of the market with unique preferences or requirements.

Specialized Needs

Particular requirements or conditions necessary for specific populations, activities, or processes, usually requiring customized solutions.

Higher Prices

Charging more for goods or services than the average market rate, often associated with premium quality or brand reputation.

Global Segmentation

The process of dividing a global market into distinct subgroups of consumers with common preferences or needs.