Which Approach to Data Analytics Attempts to Assign Each Unit

question 7

Multiple Choice

Which approach to data analytics attempts to assign each unit (or individual) in a population into a few categories?

• A) Similarity matching.
• B) Classification.
• C) Data reduction.
• D) Regression

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Definitions:

Cash Dividend Payments

Distributions of profit made by a corporation to its shareholders in the form of cash.

Price Appreciation

The increase in the market value of an asset over time, often resulting from economic factors, demand, and market conditions.

Savings Banks

Financial institutions primarily engaged in accepting savings deposits and paying interest to depositors.

Business Lending

The process by which businesses obtain funds through loans or lines of credit from banks or other financial institutions to finance their operations or expansion.