Data Mining Is a Tool for Allowing Users to

question 21

Multiple Choice

Data mining is a tool for allowing users to

• A)quickly compare transaction data gathered over many years.
• B)find hidden relationships in data.
• C)obtain online answers to ad-hoc questions in a rapid amount of time.
• D)summarize massive amounts of data into much smaller,traditional reports.
• E)access the vast amounts of data in a data warehouse.

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Definitions:

Premium

An amount paid for an insurance policy or the amount by which a bond or stock sells above its face value.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a predetermined call price.

Stated Dollar Amount

A specific monetary value declared or agreed upon, which is often used in financial contexts for contracts or transactions.

Par Value

The face value of a bond or the stock value stated in the corporate charter, often set at a minimal amount.