The process of using sophisticated statistical techniques to extract and analyze data from large databases to discern patterns and trends that were not previously known is called:
A)Data Mart
B)Data Mining
C)Data Warehouse
D)Business Intelligence

Question

Quizplus · Accepted Answer

Data mining involves using statistical techniques to uncover hidden patterns and relationships in large databases that were not previously known. Data warehouse refers to a collection of data used for analysis and reporting, while data mart is a subset of a data warehouse that is focused on a particular area of the business. Business intelligence (BI) is a term used to describe the process of gathering, analyzing, and reporting information to support business decision-making. While data mining is often used as part of BI, it is a specific technique within the broader field.

The Process of Using Sophisticated Statistical Techniques to Extract and Analyze