_____ Is a Form of Data Mining That Combines Historical

question 63

Multiple Choice

_____ is a form of data mining that combines historical data with assumptions about future conditions to forecast the outcomes of events.

• A) Business intelligence
• B) Social graph analysis
• C) Online analytical processing
• D) Predictive analysis

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Definitions:

Output

The total amount of goods or services produced by a company, industry, or economy within a particular period.

Diminishing Marginal Returns

A rule indicating that when increasing amounts of a variable input are introduced to a constant input, the output gained from each subsequent unit of input will ultimately diminish.

Total Product

The total quantity of goods or services produced by a firm or economy during a specific period.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, while holding all other inputs constant.