The Process That Involves the Computerized Search for Meaningful Trends

question 75

Multiple Choice

The process that involves the computerized search for meaningful trends in a large amount of data is known as

• A)predictive modeling.
• B)data mining.
• C)data trending.
• D)data warehousing.
• E)trend modeling.

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Definitions:

Manufactured Units

Manufactured units refer to the total number of units produced by a company during a specific period through its manufacturing process.

April

The fourth month of the year in the Gregorian calendar.

Sales Estimates

Sales estimates are projections of the amount of revenue that will be generated through sales activities in a future period.

Budgeted Cost

Estimated costs associated with manufacturing a product, conducting a project, or running a department during a specific period.