BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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data manipulation
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data monitoring
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data warehousing
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category analysis
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Detailed explanation-1: -Data management is the process of ingesting, storing, organizing and maintaining the data created and collected by an organization.
Detailed explanation-2: -Cross-sectional data: data collected at the same or approximately the same point in time.
Detailed explanation-3: -Data mining is a big area of data sciences, which aims to discover patterns and features in data, often large data sets. It includes regression, classification, clustering, detection of anomaly, and others. It also includes preprocessing, validation, summarization, and ultimately the making sense of the data sets.
Detailed explanation-4: -Data mining, also known as knowledge discovery in data (KDD), is the process of uncovering patterns and other valuable information from large data sets.
Detailed explanation-5: -Observation. Measurements collected on each variable for every element in a study provide the data. The set of measurements for a particular element is called an observation.