In Terms of the Data Relationships Found by Data Mining

question 87

Multiple Choice

In terms of the data relationships found by data mining, associations refers to:

• A)events linked over time.
• B)patterns that describe a group to which an item belongs.
• C)occurrences linked to a single event.
• D)undiscovered groupings.

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Definitions:

International Fisher Effect

A theory stating that the difference in nominal interest rates between two countries is equal to the expected change in the exchange rate between the two countries' currencies.

Absolute Purchasing Power Parity

The concept that, if transportation and transaction charges are eliminated, the price of identical items should be equivalent across countries when converted into a uniform currency.

Exchange Rate

The price at which one currency can be exchanged for another currency, influencing international trade and investment.

Bushel

A unit of volume that is used in the United States for measuring agricultural commodities, including grains and fruits.