Which of the following is not a category in which tasks performed by data mining can be grouped?
A) Classification arranges customers into pre-defined segments that allow the size and structure of market groups to be monitored.
B) Clustering customers based on domain knowledge and the database, but does not rely on predetermined group definitions.
C) Deviation detection uncovers data anomalies, such as a sudden increase in purchase by a customer.
D) Forecasting predicts the future value of continuous variables based on patterns and trend within the data.
E) All of the above were mentioned as a category.
Correct Answer:
Verified
Q66: Although the article demonstrated how a hotel
Q67: By itself, data-mining is not able to
Q68: According to the article, there are a
Q69: Some of the most-common analytical tools used
Q70: According to the article, in the hotel
Q71: Data-mining technology provides useful information about market
Q72: According to the authors, there are 10
Q73: Although data mining has been shown to
Q74: There are seven guidelines that influence the
Q76: Some of the least common statistical methods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents