Data Mining Tools That Might Adopt Traditional Forecasting Methods to Forecast

question 1

Multiple Choice

Data mining tools that might adopt traditional forecasting methods to forecast a variable value like demand from the available data is referred to as

• A)classification
• B)association learning
• C)clustering
• D)predictive

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Definitions:

Make a Market

An action by a dealer or broker to provide liquidity for a particular asset by offering to buy or sell it at publicly quoted prices.

OTC Stocks

Stocks traded over-the-counter rather than on a centralized exchange, often involving smaller, less liquid securities.

Algorithmic Trading

The use of computer programs to make trading decisions.

High Frequency Trading

High Frequency Trading (HFT) involves using sophisticated technological tools and computer algorithms to trade securities on a rapid basis, often within milliseconds.