What Does the Scalability of a Data Mining Method Refer

question 53

Multiple Choice

What does the scalability of a data mining method refer to?

• A) its ability to predict the outcome of a previously unknown data set accurately
• B) its speed of computation and computational costs in using the mode
• C) its ability to construct a prediction model efficiently given a large amount of data
• D) its ability to overcome noisy data to make somewhat accurate predictions

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Definitions:

Market Interest Rate

The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the financial market.

Needed Financing

The amount of money required to fund a project, venture, or cover operational expenses not met by current revenues.

Process Innovation

The development and use of new or improved production or distribution methods.

Total Product Curve

A graphical representation showing how the total quantity of output produced by a firm varies with the quantity of a single variable input, holding other inputs constant.