Data Mining Helps in Segmenting Customers in Order to Target

question 18

True/False

Data mining helps in segmenting customers in order to target key markets.

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Definitions:

Variable on the Horizontal Axis

Represents independent variables in graphical representations, typically plotted along the x-axis.

Slope

In mathematics, it refers to the measure of the steepness, incline, or grade of a line, often calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Variable on the Vertical Axis

In graphing data, this refers to the dependent variable that is quantified along the vertical axis of a graph.

Variable on the Horizontal Axis

Refers to the independent variable in a graph that is plotted along the horizontal or x-axis and determines the values of other variables.