______ is a data-mining technique used to predict future behavior and anticipate the consequences of change.
A. Data digging
B. The decision tree
C. Decisions by trends
D. Predictive modeling
E. GIGO
D. Predictive modeling
Predictive modeling is a data-mining technique used to predict future behavior and anticipate the consequences of change. Companies such as Capital One look well beyond basic statistics, using data mining and predictive modeling to identify potential and most profitable customers. Thus, Capital One conducts more than 30,000 experiments a year, with different interest rates, incentives, direct-mail packaging, and other variables to evaluate which customers are most apt to sign up for credit cards and will pay back their debt.
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If the total cash inflows associated with a project exceed the total cash outflows associated with the project, the project's
a. net present value is greater than zero. b. internal rate of return is greater than zero. c. profitability index is greater than 1. d. payback period is acceptable.
Under the indirect method of determining cash flows from operations, which of the following is added to net income?
a. An increase in Accounts Receivable b. A decrease in Income Taxes Payable c. A decrease in Inventory d. An increase in Prepaid Expenses
Constitutions, statutes, and cases are:
A) primary authorities. B) secondary authorities. C) legal briefs. D) amicus curiae briefs.
The initial step toward forming a contract is to decide on the amount of consideration
Indicate whether the statement is true or false