Data Mining Refers to

question 234

Multiple Choice

Data mining refers to

• A)any form of electronically generated market research.
• B)the extraction of hidden predictive information from large databases.
• C)obtaining information about a competitor or competitor's products for use by one's own firm.
• D)the use of information derived solely from unsolicited sources such as customer complaints or complements, or public service announcements.
• E)a branch of marketing specializing in obtaining both objective and subjective data to be used by other companies or organizations.

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Definitions:

Processing Speed

The pace at which an individual can comprehend and respond to information.

Memory Decline

The gradual reduction in the capacity to recall or retain memories, often associated with aging or disease.

Expertise

An elaborate and integrated knowledge base that underlies extraordinary proficiency in a given area.

Biological Waste

Material derived from living organisms, such as medical waste or laboratory samples, which can be hazardous and requires specific disposal methods to prevent contamination.