Data Mining Is an Analytical Process That Compiles Actionable Data

question 111

True/False

Data mining is an analytical process that compiles actionable data about the purchase habits of a firm's current and potential customers.

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Definitions:

Reframing

The process of changing the perspective or interpretation of a situation or concept to view it in a different light or context.

Company Policy

Guidelines and rules that govern how various situations or operations are handled within an organization.

Company Policy

Formal guidelines and rules established by an organization to govern actions and decisions within the business.

Equal Credit Opportunity Act

U.S. federal law ensuring that all consumers are given an equal chance to receive credit, prohibiting discrimination.