________ Uses Statistical Techniques to Explore a Data Warehouse and Hunt

question 13

Multiple Choice

________ uses statistical techniques to explore a data warehouse and hunt for hidden patterns and relationships that are undetectable in routine reports.

• A)Data mining
• B)Data extracting
• C)Data modeling
• D)Data normalizing

Understand social commerce and its significance in modern e-commerce.

Identify the process of onboarding new employees in an organization.

Understand and calculate the working capital for a given period.

Analyze and compute the average collection period.

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Definitions:

Loss Aversion

A principle in behavioral economics stating that individuals tend to prefer avoiding losses to acquiring equivalent gains.

Price Increase

A rise in the cost of goods or services over time, often measured as a percentage.

Quality Reduction

A decrease in the standard or grade of products or services, often as a cost-saving measure by producers.

Prospect Theory

A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probability of outcomes is known.