Data Mining Uses Sophisticated Statistical and Mathematical Techniques to Perform

question 7

True/False

Data Mining uses sophisticated statistical and mathematical techniques to perform what-if analyses,to make predictions,and to facilitate decision making.

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Definitions:

Accepts Check

The process of agreeing to take a check as a method of payment.

Party Status

The recognition of being a participant or member in a legal action or in a contractual or political relationship.

General Rule

A principle or guideline that applies broadly and is considered to be of general acceptance or application.

Promissory Note

A written, legally binding document in which one party promises to pay another a definite sum of money either on demand or at a specified future date.