What types of business skills would be necessary to define the rules for and analyze the results from data mining?

What will be an ideal response?


Answer: In order to define the rules and analyze the results from data mining, there has to be special business skills that need to be applied. These special skills take training in order for investigators to understand data mining and analytics. “The analysts must work closely with investigators to apply human judgment as they create new rules and follow data leads. Ongoing training is essential, especially because the fraudsters continue to launch novel and increasingly complex schemes, changing their tactics to step or two ahead. Knowing when, where, and how to drill down into the data to see meaningful patterns is a skill that agents must learn”.

Business

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The strength of association is measured by the coefficient of determination

Indicate whether the statement is true or false

Business

An exponential trend is appropriate when the time series changes by a constant percentage each period.

Answer the following statement true (T) or false (F)

Business

Which conflict style usually produces the best opportunity for agreement and usually proves to have successful results?

A. avoidance B. compromise C. collaboration D. competition

Business

__________ are/is interacting database systems that aim at generating and delivering HR information and allow us to automate some human resource management functions.

A. Complexity B. Human Resource Information Systems (HRIS)? C. Data analytics D. Centralization E. Organizational culture

Business