Both Data-Mining and OLAP Software Are Often Integrated Into____________ for the Purpose

question 26

Multiple Choice

Both data-mining and OLAP software are often integrated into____________ for the purpose of collecting business intelligence about customers.

• A)SCM systems
• B)ERP systems
• C)CRM systems
• D)HRM systems

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Definitions:

Range Values

The difference between the highest and the lowest values in a set of data points, showing the spread or dispersion of the data.

Median

The middle value in a data set when it's arranged in ascending or descending order.

Degrees of Freedom

The number of independent values or quantities that can vary in an analysis without breaking any constraints.

Statistical Procedures

A set of mathematical techniques used for analyzing numerical data, including summarizing and interpreting the data.