Data Mining Uses Supercomputers That Run Sophisticated Programs So That

question 78

Essay

Data mining uses supercomputers that run sophisticated programs so that analysts can combine different databases to understand relationships among buying decisions.At times these operations are so complex that companies need to build a data warehouse simply to store the data and process it.Select one real world company.How do you feel that the company would utilise a data warehouse? Explain your answer.

---

Definitions:

Null Hypothesis

A statement in statistics that proposes there is no significant effect or difference, and any observed difference is due to sampling or experimental error.

Estimated Partial-regression Coefficient

A measure used in multiple regression analysis that represents the relationship between a designated independent variable and the dependent variable, with other variables held constant.

Adjusted Multiple Coefficient of Determination

A statistical measure that adjusts the coefficient of determination (R-squared) for the number of predictors in a multiple regression model, providing a more accurate assessment of the model's explanatory power.

Multiple Standard Error

The standard error calculated for multiple measurements or estimates, which quantifies the variability or precision of those measurements.