Data Clusters

question 9

Multiple Choice

Data clusters:

• A) result from the use of internal data mining
• B) are a statistical technique used for trend analysis
• C) are used to create samples for statistical analyses
• D) occur when three or more database elements occur together in a significant way
• E) are accurately described by all of these

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Definitions:

Consumption Bundle

A combination of various goods and services that an individual consumes at a given time.

Slope

In mathematics, the rate at which a line rises or falls relative to a horizontal distance.

Indifference Curves

Graphs showing different bundles of goods between which a consumer is indifferent, reflecting the consumer's preferences and trade-offs.

Bundle

A combination of goods or services that are sold together as a single package.