Which of the following statements is false:
A) Data mining is different from data analysis.
B) Data mining is conducted on large numbers of consumers.
C) Data mining is conducted on large numbers of variables.
D) Data mining attempts to find "nuggets" of marketing information amidst data.
E) Data mining requires tremendous data storage system and fast data access.

Question

Quizplus · Accepted Answer

Data mining and data analysis are often used interchangeably and are closely related, but they are not fundamentally different. Data mining is a subset of data analysis, focused specifically on discovering patterns and knowledge from large datasets.

Which of the Following Statements Is False