Which of These Analysis Methods Describes Neural Computing

question 7

Multiple Choice

Which of these analysis methods describes neural computing?

• A)a ​specialized set of algorithms sorts through data and forms statistical rules about relationships among the items
• B)​historical data is examined for patterns that are then used to make predictions
• C) ​historical if-then-else cases are used to recognize patterns
• D) ​a mathematical procedure to predict the value of a dependent variable based on a single independent variable

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Definitions:

Substitutes Exist

A situation in which multiple products or services can fulfill the same need or desire, allowing consumers to switch among them based on price, quality, or preference.

Raise Price

An action taken by producers or sellers to increase the cost at which goods or services are sold, often in response to market conditions.

Single Firm

Refers to an individual business entity that operates in a market, typically producing goods or services.

Monopoly

A market structure in which a single seller dominates the market for a particular good or service, without any close substitutes.