Data Mining Applications Are Used to Accomplish Which of the Following

question 79

Multiple Choice

Data mining applications are used to accomplish which of the following tasks?

• A)Perform what-if analysis
• B)Make predications
• C)Facilitate decision making
• D)A and B
• E)A,B,and C

---

Definitions:

Stock Price

The cost of purchasing a share of a company as quoted on the stock market, reflecting the market's valuation of the company at a given time.

General Labor Cost

Refers to the total expenses associated with employing labor, including wages, benefits, and other related costs.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in a specific market over a given period.

Piece-Rate Reward Plan

A compensation system where employees are paid based on the amount of work they complete, encouraging higher productivity.