People Tend to Use Data Mining Techniques to ______

question 43

Multiple Choice

People tend to use data mining techniques to ______.

• A)create a pivot table
• B)compare means
• C)test hypothesis
• D)test correlation

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Definitions:

Savings Account

A deposit account held at a bank or financial institution that pays interest but typically has limited withdrawal options.

Annual Interest

The amount of interest due per year as a percentage of the amount lent, deposited, or borrowed.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs.

Explicit Costs

Direct, out-of-pocket payments for goods or services necessary for conducting business.