Which of the Following Is a Data Mining Technique for Determining

question 34

Multiple Choice

Which of the following is a data mining technique for determining sales patterns?

• A) RFM analysis
• B) market-basket analysis
• C) composite analysis
• D) regression analysis

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Definitions:

Free Trade

Worldwide trade unencumbered by tariffs, quotas, or any form of regulatory constraints.

Frederic Bastiat

A French economist and author known for his theories on economics and his advocacy of free markets and limited government.

Economic Theory

A set of principles and concepts that helps in the explanation and prediction of economic phenomena.

International Trade

The exchange of goods and services between countries, allowing for greater variety and availability of resources and products.