By Using Various Analysis, Such as Data Mining and Predictive

question 54

True/False

By using various analysis, such as data mining and predictive modeling, data can be transformed into business intelligence.

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Definitions:

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Statistical Tests

Quantitative methods used to determine whether hypotheses about data are supported or refuted.

Primary Research

Collection of original data or firsthand information through methods like surveys, interviews, or experiments.

Experiments

Controlled procedures carried out to discover, test, or demonstrate a hypothesis or the effect of one variable on another.