A Data-Mining Technique Used to Predict Future Behavior and Anticipate

question 59

Multiple Choice

A data-mining technique used to predict future behavior and anticipate the consequences of change is known as ___.

• A)data digging
• B)the decision tree
• C)decisions by trends
• D)predictive modeling
• E)GIGO

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Definitions:

Cost

The amount of money or resources expended to acquire an asset, achieve a goal, or maintain an operation.

Profitability

A measure of the efficiency of a company in generating profits from its operations, typically expressed as net income divided by revenue.

Management Accountants

Professionals who focus on financial reporting and analysis for internal use by business managers to make informed decisions.

Monetary Terms

Describing or measuring something in terms of money or currency.