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A Common Business Application of Decision Trees Is to Classify

question 51

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A common business application of decision trees is to classify loans by likelihood of default.


Definitions:

Culture

Culture encompasses the beliefs, norms, values, and practices shared by a group of people, shaping their behavior and perceptions.

Ethos

The characteristic spirit of a culture, era, or community as manifested in its beliefs and aspirations; in rhetoric, the ethical appeal or credibility of the speaker.

Aesthetic Principles

The standards that guide judgments about what is considered beautiful, pleasing, or artful.

Crescive Norms

Unwritten, societal rules that are discovered through interaction rather than being formally taught.

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