List five reasons for the growing popularity of data mining in the business world
What will be an ideal response?
• More intense competition at the global scale driven by customers' ever-changing needs and wants in an increasingly saturated marketplace
• General recognition of the untapped value hidden in large data sources
• Consolidation and integration of database records, which enables a single view of customers, vendors, transactions, etc.
• Consolidation of databases and other data repositories into a single location in the form of a data warehouse
• The exponential increase in data processing and storage technologies
• Significant reduction in the cost of hardware and software for data storage and processing
• Movement toward the de-massification (conversion of information resources into nonphysical form) of business practices
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Dr. James isolated Staphylococcus aureus, a type of bacteria, from the leg wound of a ten-year-old boy. He suspected these bacteria would grow better at body temperature than room temperature (72°F), but thought that he should collect data to support his thinking. Dr. James introduced the same number of Staphylococcus bacteria into each of six test tubes containing the same type and amount of nutrient broth. Three test tubes were incubated at 98.6°F (Group 1), while three test tubes (Group 2) sat at 72°F. After 24 hours, Dr. James compared the turbidity (indicative of growth) of all six tubes and rated each on a scale of 0 - 4. 0 indicates no turbidity (no growth), while 4 indicates high turbidity (high growth). The following data were collected: src="https://sciemce.com/media/4/ppg__tttt0823190712__f1q555g1.jpg" alt="" style="vertical-align: 0.0px;" height="274" width="486" />Dr. James considers the bacteria grown at body temperature to be the control group and room temperature the experimental group. Do you agree with this reasoning?
What will be an ideal response?
Which of the following provides the technological link connecting all of the logistics components of the supply chain?
A. logistics information system B. materials requirement plan C. EDI D. RFID chips E. distribution resources strategy
Changing Mountain Coffee's phone number in the first record and failing to do the same in the
ninth record is an example of which of the following? A) Typing problem B) Insert problem C) Delete problem D) Update problem
Nominal data have a specified measure of the distance between observations, but no natural zero
Indicate whether the statement is true or false