The major purpose of data mining is to look for ways to reduce costs, such as recycling old parts.

Name: The major purpose of data mining is to look for ways to reduce costs, such as recycling old parts.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The major purpose of data mining is to extract valuable insights and patterns from large datasets to improve decision making and identify opportunities for growth and improvement. While reducing costs may be an outcome of data mining, it is not the primary purpose.

The Major Purpose of Data Mining Is to Look for Ways