Because the Latter Steps in the Data Mining Process Are

question 63

Multiple Choice

Because the latter steps in the data mining process are built on the outcome of the former ones,one should:

• A) start with an understanding of the relevant data.
• B) work quickly through the early steps and work in-depth on the latter steps.
• C) start by cleaning the relevant data and storing it in a single data warehouse.
• D) pay extra attention to the earlier steps in order not to put the whole study on an incorrect path from the onset.

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Definitions:

Statement of Intention

A legal document declaring a debtor's plans regarding the handling of certain types of debts and assets in bankruptcy proceedings.

Secured

Pertaining to loans or debts backed by collateral, ensuring protection for the lender in case of default by the borrower.

Consumer Debts

Debts incurred for personal, as opposed to business, needs.

Secured Debt

A type of debt that is backed by collateral, providing the lender with a claim to the asset if the debt is not repaid.