Data-Mining Tools Use a Variety of Techniques to Find Patterns

question 60

True/False

Data-mining tools use a variety of techniques to find patterns and relationships in large volumes of information that predict future behaviour and guide decision making.

Analyze arterial blood gas results to understand patient conditions.

Recognize the physiological reasons and risk factors for the development of anemia in infants.

Identify differences between cash and accrual accounting principles.

Understand how to prepare a statement of cash flows using the indirect method.

---

Definitions:

Procedures

Established methods or protocols followed by an organization to carry out tasks or activities.

Limited Liability

A legal structure that limits shareholders' or owners' personal responsibility for a company's debts and liabilities to their investment in the company.

Creditors

Individuals or institutions to whom money is owed by a person or organization.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, thus having a residual claim on the corporation's assets after liabilities have been paid.