What Is Clustering

question 399

Multiple Choice

What is clustering?

• A)determines values for an unknown continuous variable behavior or estimated future value
• B)determines which things go together
• C)segments a heterogeneous population of more homogeneous subgroups
• D)assigns records to one of a predefined set of classes

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Definitions:

Freight Charge

The cost associated with the transportation of goods from one place to another.

Store Equipment

Fixed assets like shelves, cash registers, and display units used in the operations of a retail store.

Display Rack

A fixture in stores and exhibitions used to showcase products or materials to customers and visitors.

Merchandise Inventory

Goods that a retailer, wholesaler, or distributor holds for sale to customers in the ordinary course of business.