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zalisa
2 months ago
12

All of the following statements about data mining are true EXCEPT1. the process aspect means that data mining should be a one-st

ep process to results.2. the novel aspect means that previously unknown patterns are discovered.3. the valid aspect means that the discovered patterns should hold true on new data. 4. the potentially useful aspect means that results should lead to some business benefit.
Business
1 answer:
marusya05 [3.7K]2 months ago
5 0

All statements regarding data mining are accurate except for

the notion that the process aspect implies data mining is a singular step toward achieving results.

Explanation:

When tasked with uncovering patterns within an extensive dataset, one can utilize data mining. Techniques such as machine learning, database management, and statistical analysis are employed to identify patterns. Data mining is instrumental in extracting valuable insights from substantial datasets.

Thus, through data mining methodologies, it becomes possible to reveal patterns within a dataset that were previously unidentified. This aids in deriving valuable information applicable across various business domains. It does not consist of a single-step process for identifying patterns in data, and the discovered patterns through data mining are valid, highlighting its worthwhile characteristics.

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Iris Souza started the summer with $30. She took $10 and made signs for her dog walking service. She posted the signs all over h
Free_Kalibri [3773]

Answer:

Souza earned a profit of $125 from her summer job.

Explanation:

Profit represents the difference between total income and total expenditures.

After buying herself new shoes for $50 at summer's end, Souza had $125 remaining, indicating her profit for the summer job is $125

6 0
13 days ago
A marketing expert described a _____ as looking like a butterfly. the manufacturer is the body of the butterfly with many differ
harina [3808]
Supply chain hope this aids in understanding
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21 day ago
Describe the challenges and opportunities of globalization in a ""flattened"" world.
Nady [3600]

Answer:

The concept of a 'flattened' world refers to the impact of globalization, which involves innovations and advancements in technology that have led to a more equitable environment. In this context, smaller nations now find themselves in competition with powerful countries.

Explanation:

A significant challenge presented by this situation is the heightened competition among nations, significantly affecting business resource availability. Conversely, the opportunities arising from this dynamic include the generation of new job openings, particularly in information systems and service-oriented fields. Additionally, businesses are able to discover better suppliers at more competitive prices due to the increased global options.

4 0
1 month ago
Read 2 more answers
Assume that you wish to purchase a 20-year bond that has a maturity value of $1,000 and makes semiannual interest payments of $4
Scilla [3833]

Answer:

$828.36

Explanation:

The specifics indicate that

The principal amount = $1,000

Duration = 20 years; since interest payments occur semiannually, the effective duration = 20 \times \frac{12}{6} = 40 intervals.

Interest every six months = $40

The yearly interest rate is 10%, giving an effective rate of 5%

Future Value Interest rate = $40 \times (\frac{1}{(1+0.05)^1} +\frac{1}{(1+0.05)^2} +\frac{1}{(1+0.05)^3} +\frac{1}{(1+0.05)^4} +\frac{1}{(1+0.05)^5} +\frac{1}{(1+0.05)^6} +\frac{1}{(1+0.05)^7} +.................. + \frac{1}{(1+0.05)^4^0} )

= $40 \times 17.159 = $686.36

The Future Value of the Principal = $1,000 \times \frac{1}{(1 + 0.05)^4^0}

= $1,000 \times 0.142 = $142

Consequently, the current bond price is $686.36 + $142 = $828.36

5 0
1 month ago
A coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate th
marusya05 [3725]

Answer:

Response.

Explanation:

In this instance, a coffee shop implements an online system to engage customers. Following each purchase, customers receive a text prompting them to evaluate their experience using either a happy, neutral, or sad face emoji. This method exemplifies feedback control.

Feedback refers to the information collected from consumers about their experiences with a specific purchased product or service. Businesses utilize the information obtained from feedback to enhance the quality of their offerings and assess their sales performance.

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