Data mining applications are used to accomplish which of the following tasks?
A)Perform what-if analysis
B)Make predictions
C)Facilitate decision making
D)A and B
E)A,B and C

Question

Quizplus · Accepted Answer

Data mining applications are used to perform what-if analysis, make predictions and facilitate decision-making. They use complex algorithms and statistical models to analyze large data sets and identify patterns, relationships, and anomalies that may not be apparent to human analysts. The insights generated by data mining can be used to inform strategic planning, improve operational efficiency, and drive innovation in various fields, such as marketing, finance, healthcare, and engineering.

Data Mining Applications Are Used to Accomplish Which of the Following