What Is Data Mining

question 14

Multiple Choice

What is data mining?

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

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Definitions:

Incremental Discipline

A method where disciplinary actions progressively increase with each recurrence of undesirable behavior.

Management by Objectives (MBO)

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Performance Management System (PMS)

A framework used by organizations to monitor, evaluate, and enhance the performance of employees through set objectives and feedback.

Competitive Advantage

The unique attributes or capabilities that enable an organization to outperform its competitors.