A goal of data mining is to produce lower marketing costs and increased efficiency by identifying prospects most likely to buy.

Name: A goal of data mining is to produce lower marketing costs and increased efficiency by identifying prospects most likely to buy.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Data mining helps in analyzing large datasets to identify patterns and insights, which can be used to target potential customers more effectively, thereby reducing marketing costs and increasing efficiency.

A Goal of Data Mining Is to Produce Lower Marketing