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Chapter 3 Discussed 5 (Five)data Analytics Approaches or Techniques Are

question 52

Essay

Chapter 3 discussed 5 (five)data analytics approaches or techniques are most common to address our accounting questions.List and define 3 of the 5 data analytics approaches.Next,describe how each of the 3 data analytics approaches you list could be used by credit card companies to identify fraudulent credit card activity.


Definitions:

Particular Brand

Refers specifically to an individual brand or product distinguished by its unique qualities or characteristics from others in the market.

Majority

More than half of a group or amount, often referring to the greater part of a total number or quantity.

Limited Edition

Products produced in limited quantities to create exclusivity or appeal to collectors.

Influence Tactic

Strategies or approaches used to persuade or influence others to support one's goals or objectives.

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