Briefly describe data mining
What will be an ideal response?
Data mining is an extension of data warehousing. It is the process of using the computer to look for hidden correlations, patterns or anomalies within large data warehouses. Its purpose is to give people new insight into the data.
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How effective a performance management and evaluation system is depends on how well the goals of individual responsibility centers, the entire company, and managers are coordinated
Indicate whether the statement is true or false
The biggest problem in implementing a rights approach to decision making is:
A. It is difficult to weigh harms and benefits B. The interests of others may be subservient to self-interests C. It can be difficult to determine criteria to distinguish equals from unequal claims D. It relies on moral absolutes
Collective nouns always take a singular verb
Indicate whether the statement is true or false
Which of the following is a definition of the covariance between X and Y?
A. Correlation between X and Y times variance of X times variance of Y B. Variance of X times the variance of Y C. Correlation between X and Y divided by the product of the standard deviation of X and the standard deviation of Y D. Correlation between X and Y times standard deviation of X times standard deviation of Y