Which of the Following Statements Is True Regarding the Data

question 109

Multiple Choice

Which of the following statements is true regarding the data mining process?

• A) It consolidates data into multiple data warehouses.
• B) Its activities are entirely different from those in the reporting process.
• C) It uses simple statistical techniques for data analysis.
• D) Its objective is better prediction of various outcomes.

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Definitions:

Equal Cash Flows

Consistent payments or receipts over a period of time in an investment or finance context.

Fixed Intervals

Regular, specified periods of time between events or actions.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Compound Interest

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.