Clustering Is a Technique That Divides a Large Group of People

question 141

True/False

Clustering is a technique that divides a large group of people into smaller groups, so that each small group is as diverse as the large group from which it was formed.

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Definitions:

Excess Reserves

The amount of reserves held by a bank that exceeds the minimum reserve requirements set by the central bank.

Ability

Ability refers to the capacity or power of an individual or entity to do something effectively, often implying a skill or competence in a specific domain.

Currency

A system of money in general use in a specific country or region.

Loans

Financial agreements wherein a lender gives money or assets to a borrower, and the borrower agrees to return the property or repay the borrowed money, usually along with interest, at a future point in time.