What Is Clustering

question 66

Multiple Choice

What is clustering?

• 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:

Premium Amortization

The process of gradually reducing the premium paid on bonds purchased above their face value over the life of the bonds.

Straight-Line Method

The straight-line method is a technique for calculating depreciation of an asset by evenly spreading its cost over its expected useful life.

Semiannual Interest

Semiannual interest refers to the interest payment made two times a year on a loan or bond.

Present Value

The present valuation of a future financial sum or cash flow series, factoring in a specific return rate.