________ involves the use of sophisticated statistical and mathematical techniques such as cluster analysis,automatic interaction detection,predictive modeling,and neural networking.
A) Data management
B) Data marketing
C) Target market analysis
D) Data accumulation
E) Datamining

Question

Quizplus · Accepted Answer

Datamining involves the use of various statistical and mathematical techniques such as cluster analysis, automatic interaction detection, predictive modeling, and neural networking to identify patterns or relationships in large sets of data. It is used to extract valuable insights and knowledge from data to support strategic decision-making and improve business outcomes.

________ Involves the Use of Sophisticated Statistical and Mathematical Techniques