Data Mining Applications Are Used Accomplish All of the Following

question 39

Multiple Choice

Data mining applications are used accomplish all of the following tasks except ________.

• A)update the database
• B)make predications
• C)facilitate decision making
• D)perform what-if analysis

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Definitions:

Total Product

The total output of goods or services produced by a firm during a given period of time.

Diminishing Marginal Returns

A principle stating that as more of a production input is added, holding all others constant, the resulting additional output will eventually decrease.

Range

The difference between the highest and lowest values in a data set, often used to measure variability.

Average Product

The output per unit of input, typically calculated for labor or capital in the production process.