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One Application of Data Mining Is Trend Analysis,which Refers to the Identification

question 56

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One application of data mining is trend analysis,which refers to the identification of characteristics of transactions that are most likely to be fraudulent.


Definitions:

Metaphors

Figurative language used to represent concepts or ideas by comparing them explicitly or implicitly to something else.

Analogies

Comparisons made between two different things that highlight a similarity or relational understanding.

Tendency

An inclination or predisposition towards a particular characteristic, behavior, or pattern.

Negotiators

Parties engaged in discussion to settle differences or reach an agreement, utilizing various strategies and tactics in the negotiation process.

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