Data Mining Refers to the Exploration, Aggregation, and Analysis of Large

question 172

True/False

Data mining refers to the exploration, aggregation, and analysis of large quantities of varied data from across the organization to better understand an organization's business processes, trends within these processes, and potential opportunities to improve the effectiveness and/or efficiency of the organization.

---

Definitions:

Driving Time

The amount of time spent driving from one location to another, often considered in planning routes or estimating travel time.

Proximity

The state of being physically close or near, often used in marketing to discuss the importance of location in consumer behavior and retail strategy.

Hours of Operation

The specific times during which a business is open to customers.

Website Usability

The ease with which visitors can navigate a website and access the information they seek, greatly impacting user satisfaction and engagement.