The Process of Using Sophisticated Statistical Techniques to Extract and Analyze

question 61

Multiple Choice

The process of using sophisticated statistical techniques to extract and analyze data from large databases to discern patterns and trends that were not previously known is called:

• A)Data Mart
• B)Data Mining
• C)Data Warehouse
• D)Business Intelligence

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Definitions:

Court of Chancery

A court historically dealing with matters of equity, including trusts, estates, and breaches of fiduciary duty, operating with a foundation in principles of fairness.

Common Law Court

A type of court that bases its decisions on precedents, or previous judicial rulings, as well as statutes and legislation.

Civil Code

A comprehensive system of laws designed to deal with the core areas of private law such as property, family, and obligations.

Quebec

A province in Canada known for its French-speaking population and distinct legal and cultural identity.