What Is Data Mining

question 185

Multiple Choice

What is data mining?

• A)The common term for the representation of multidimensional information
• B)A particular attribute of information
• C)A variety of techniques to find patterns and relationships in large volumes of information and infer rules from them that predict future behavior and guide decision making
• D)Process of analyzing data to extract information not offered by the raw data alone

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Definitions:

Economic Well-Being

Economic well-being refers to the degree of prosperity, financial security, and the ability to meet basic needs, enjoyed by an individual, group, or society.

Low-Income Earners

Individuals who receive earnings that are significantly lower than the average for their community or country, often leading to financial struggles and limited access to resources.

High-Income Earners

Individuals or households that earn a significantly higher income than the average or median for a particular region or society.

Lobbies

Groups of people or organizations that seek to influence political decisions and policies, typically by engaging with legislators or members of government.