The Statistical and Logical Analysis of Large Sets of Transaction

question 20

Multiple Choice

The statistical and logical analysis of large sets of transaction data is called:

• A) Digging
• B) Hunting
• C) Data mining
• D) Hacking

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Definitions:

Passive Income

Income generated from ventures in which an individual is not actively involved.

At-risk Amount

The amount of money an investor can actually lose from an investment, often used to limit losses in activities where money is at risk.

Passive Activities

Economic activities in which an individual participates without materially managing or operating them, often associated with rental properties or businesses in which the individual does not actively engage.

Income

Money received, especially on a regular basis, for work or through investments.