Which of the following best describes Data Mining?

A) Data on the mining industry
B) Using business intelligence techniques on a variety of data sources brought together in a data warehouse
C) Summarizing basic business data
D) None of the above


B

Business

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By the end of 2012, Groupon had more than 40 million users in 48 countries. More than half of Groupon's Web site visitors live in the United States

Indicate whether the statement is true or false

Business

When certain details in the body of a form letter are changed according to the situation, these changes are called _____

Fill in the blank(s) with correct word

Business

You have been asked to select at least 3 out of 7 possible sites for oil exploration. Designate each site as S1, S2, S3, S4, S5, S6, and S7. The restrictions are:

Restriction 1. Evaluating sites S1 and S3 will prevent you from exploring site S7. Restriction 2. Evaluating sites S2 or S4 will prevent you from assessing site S5. Restriction 3. Of all the sites, at least 3 should be assessed. Assuming that Si is a binary variable, write the constraint(s) for the second restriction.

Business

Individuals or groups that buy new or used products for a lower price in a foreign country, import them legally back into the domestic market, and sell them for less than the normal market price are participating in the ________ market.

Fill in the blank(s) with the appropriate word(s).

Business