The Term data Mining Was Originally Used to ________

question 58

Multiple Choice

The term data mining was originally used to ________.

• A) include most forms of data analysis in order to increase sales
• B) describe the analysis of huge datasets stored in data warehouses
• C) describe the process through which previously unknown patterns in data were discovered
• D) All of the above

Recognize errors in causality interpretations from graphical data.

Understand the significance of omitted variables and reverse causality in statistical analysis.

Understand and identify various strategic elements of a social media campaign including content calendars, SWOT analysis, organizational structures, strategies, and goals.

Distinguish between strategic plan components such as brand voice, strategies, tactics, objectives, and goals.

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Definitions:

Call Option Contracts

Financial derivatives that give the buyer the right, but not the obligation, to buy a stock or another financial asset at a specified price within a specific time frame.

Intrinsic Value

The actual, inherent worth of an asset or investment, determined through fundamental analysis without regard to market value.

Strike Price

The predetermined price at which the holder of an option has the right to buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Put Option

This is a financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.