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Neural Networks Are Popular Unsupervised Data Mining Techniques Used to Predict

question 13

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Neural networks are popular unsupervised data mining techniques used to predict values and make classifications.


Definitions:

Brand Equity

The value and strength of a brand that is derived from consumers' perceptions, recognition, and loyalty towards the brand.

Calculated

Pertains to something determined through the use of mathematical methods or a process of careful thought and consideration.

Generic Brands

Products that are sold under a retailer’s brand name rather than a manufacturer’s brand name, usually at a lower price and with simpler packaging.

National Brands

Brands that are marketed and recognized across an entire country, offering a consistent product or service experience nationwide.

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