What is data mining and how is it used?


Data mining uses statistical techniques and is useful in uncovering quality problems, studying customer retention, determining which promotions generate the greatest sales impact, and identifying cost drivers.

Business

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Use the following information to calculate cash paid for wages and salaries:      Salaries expense$182,000?Salaries payable, January 1 7800?Salaries payable, December 31 13,400?

A. $176,400. B. $182,000. C. $189,800. D. $187,600. E. $168,600.

Business

To increase security of their Internet sites and transactions, most companies now use encryption software to assign employee passwords

Indicate whether the statement is true or false

Business

Which sentence expresses numbers correctly?

A) For their 45th wedding anniversary, Tom and Beth will be taking a two-week Alaskan cruise. B) For their forty-fifth wedding anniversary, Tom and Beth will be taking two-week Alaskan cruise. C) For their forty fifth wedding anniversary, Tom and Beth will be taking two-week Alaskan cruise.

Business

A collection of companies decides to work together for a while to provide service for what they see as a short term window of opportunity

These firms plan to coordinate their activities by deploying sophisticated information systems to share critical data. Each of these companies is skilled at one or two core activities — design, manufacturing, distribution, marketing, and so on. This association of companies can be described as a(n) ________. Fill in the blank with the appropriate word.

Business