Walmart Captures Point-Of-Sale Transactions from Over 2,800 Stores in Six

question 88

Multiple Choice

Walmart captures point-of-sale transactions from over 2,800 stores in six countries and continuously transmits these data to its massive data warehouse.Walmart allows more than 3,500 suppliers to access data on their products and perform data analyses.These suppliers use the data to identify customer buying patterns at the store level.They use this information to manage local store inventory and identify new merchandising opportunities.What are both Walmart and its suppliers engaging in?

• A)information formatting
• B)database enhancement
• C)data mining
• D)data shading

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Definitions:

Processing Specimens

The preparation of collected samples for analysis in a laboratory, including labelling, handling, and processing.

Nutrition

The process by which living organisms obtain and process the nutrients needed to maintain health and growth.

Degrees Of Freedom

Refers to the count of independent pieces of information upon which a statistical estimate or calculation is based, crucial for determining the accuracy of such estimates.

Groups

Collections of subjects or items that are studied in experiments or observational research to understand common or differing characteristics.