A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition to product A. Identify the technique used to make such a prediction.
A)Data query
B)Simulation
C)Data mining
D)Data dashboards

Question

Quizplus · Accepted Answer

This prediction technique is known as data mining, which involves analyzing large datasets to discover patterns and correlations that can be used to make predictions. In this case, the retailer may have analyzed past purchase history to identify which products tend to be bought together, and then used this information to predict which products are likely to be purchased alongside product A.

A Retail Store Owner Offers a Discount on Product a and Predicts