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:

Capital Goods

Long-lasting goods used in the production of other goods or services, such as buildings, machinery, and equipment.

Money Supply

This refers to the total amount of monetary assets available in an economy at a specific time.

Inflation Rate

The pace at which prices for goods and services across the board escalate, resulting in the diminishing value of money.

Cyclical Unemployment

Unemployment caused by the cyclical trends in the economy, fluctuating with the ups and downs of business cycles.