What Is Data Mining

question 175

Multiple Choice

What is data mining?

• A)The common term for the representation of multidimensional information
• B)A particular attribute of information
• C)Uses a variety of techniques to find patterns and relationships in large volumes of information and infer rules from them that predict future behavior and guide decision making
• D)Process of analyzing data to extract information not offered by the raw data alone

Explain the tax treatment of income from flow-through entities.

Identify the different schedules used to report income from real estate and other rental properties.

Describe the criteria for determining capital improvements versus repair and maintenance expenses.

Understand the methods for allocating expenses between personal and rental use of a property.

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Definitions:

Software

Software encompasses the programs and operating information used by a computer, enabling it to perform specific tasks beyond its basic hardware capabilities.

Hardware

The physical components and devices that constitute a computer or computing system.

Data

Information processed or stored by a computer.

Input Device

A piece of hardware equipment used to provide data and control signals to an information processing system, such as a computer or mobile device.