Data-Mining Tools Apply Algorithms to Information Sets to Uncover Inherent

question 49

True/False

Data-mining tools apply algorithms to information sets to uncover inherent trends and patterns in the information, which analysts use to develop new business strategies.

Identify and mitigate biases in survey research to enhance the credibility of the research findings.

Understand the advantages of paraphrasing over direct quoting and the ethical considerations related to both.

Comprehend and apply statistical concepts like mean, median, mode, trends, and correlations in analyzing data.

Identify ethical considerations in the use of data and information, including paraphrasing, quoting, and summarizing.

---

Definitions:

Electronic Fund Transfer Act

A US federal law designed to protect consumers engaging in electronic transfers, including ATM transactions, direct deposits, and other electronic payments.

Commercial

Related to the buying and selling of goods and services or to business activities in general.

Consumer

An individual who purchases goods or services for personal use rather than for manufacturing or resale.

Lost Check

A check that has been misplaced, destroyed, or otherwise lost, potentially leading to the issuance of a stop payment order and requiring a replacement.