Data Mining Occurs on ____________ Data That Are Already in a Database

question 278

Short Answer

Data mining occurs on ____________ data that are already in a database or a spreadsheet.

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Definitions:

Variable Cost

Costs that vary directly with the level of production or sales, such as raw materials and direct labor.

Ample Capacity

A situation where a company has enough or more than enough capacity to meet its current production or operation needs.

Transfer Price

The price at which goods and services are sold between divisions within the same company or between controlled or related entities.

Direct Materials

Raw materials that are directly attributable to the product being manufactured and are a significant component of its cost.