List Five Reasons for the Growing Popularity of Data Mining

question 2

Essay

List five reasons for the growing popularity of data mining in the business world.

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Definitions:

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.

West Region

A term that could refer to the western part of a country, area, or specified region, often defined by geographic, administrative, or socioeconomic criteria.

North Region

A geographic area located towards the northern part of a country or territory.

South Region

The term "South Region" often refers to a geographical area located towards the southern part of a country or territory, characterized by its own unique climate, culture, and economic activities.