Which Data Mining Process/methodology Is Thought to Be the Most

question 46

Multiple Choice

Which data mining process/methodology is thought to be the most comprehensive, according to kdnuggets.com rankings?

• A) SEMMA
• B) proprietary organizational methodologies
• C) KDD Process
• D) CRISP-DM

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Definitions:

Standard Markup Pricing

A strategy in pricing that involves adding a set percentage above the product's cost to calculate its retail price.

Bolt Of Fabric

A large roll of cloth or fabric that is typically measured in yards or meters, used in manufacturing and sewing industries.

Cost-plus-percentage-of-cost Pricing

A pricing strategy where the selling price is determined by adding a specific percentage markup to a product's cost.

Target Profit Pricing

Setting an annual target of a specific dollar volume of profit.