___________Occur in Data Mining When Two or More Database Elements

question 72

Multiple Choice

___________occur in data mining when two or more database elements occur together in a significant pattern, with one of the elements preceding the other.

• A) Data clusters
• B) Affinity patterns
• C) Association patterns
• D) Sequence patterns
• E) Logic clusters

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Definitions:

Purely Competitive Market

A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price-taking behavior.

Total Revenue

The total amount of money a company receives from its goods or services over a certain period of time.

Profit-Maximizing Output

The level of production at which a company can achieve the highest possible profit based on its cost structure and the market price of its products.

Economic Profit

Profit calculated by subtracting both explicit (direct) and implicit (indirect or opportunity) costs from total revenues.