What Is Affinity Grouping

question 58

Multiple Choice

What is affinity grouping?

• A)Determination of values for an unknown continuous variable behavior or estimated future value.
• B)Determination of which things go together.
• C)Segmentation of a heterogeneous population of more homogeneous subgroups.
• D)Assignment of records to one of a predefined set of classes.

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Definitions:

Risk-Benefit Analysis

A process of comparing the potential risks and benefits associated with a decision or action, often used in the context of health and safety, business, and environmental policy.

Law of Negligence

A legal principle where a person is held responsible for failing to take reasonable care, resulting in damage or harm to another.

Contributory Negligence

A legal doctrine stating that if a party contributes to their own harm through their negligence, they may have their compensation reduced or denied.

Proximately Caused

An act or event sufficiently related to an injury that the law considers it the cause of that injury.