Which of the Following Is a Data Mining Myth

question 31

Multiple Choice

Which of the following is a data mining myth?

• A) Data mining is a multistep process that requires deliberate, proactive design and use.
• B) Data mining requires a separate, dedicated database.
• C) The current state-of-the-art is ready to go for almost any business.
• D) Newer Web-based tools enable managers of all educational levels to do data mining.

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Definitions:

Demographic Profiling

The process of gathering and analyzing data about the characteristics of a population or specific group for targeted marketing or analysis.

Tax Saving Plan

A financial strategy or investment designed to reduce the amount of taxes payable by an individual or organization.

Psychographic Profiling

A marketing technique that categorizes audiences based on their personality traits, interests, values, and lifestyles to better target advertising and communications.

Values And Beliefs

Principles or standards of behavior that are considered important by individuals or groups, and convictions held to be true.