MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Searching through large amounts of digital data to find useful patterns or trends.
A
Raw data
B
Follow-up
C
Data analysis
D
Data mining
Explanation: 

Detailed explanation-1: -Data mining is the process of sorting through large data sets to identify patterns and relationships that can help solve business problems through data analysis. Data mining techniques and tools enable enterprises to predict future trends and make more-informed business decisions.

Detailed explanation-2: -Graphic displays like histograms in statistics are useful for seeing patterns in data. Patterns in data are commonly described in terms of center, spread, shape, and unusual features. Some common distributions have special descriptive labels, such as symmetric, bell-shaped, skewed, etc.

Detailed explanation-3: -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-4: -Data mining is most commonly defined as the process of using computers and automation to search large sets of data for patterns and trends, turning those findings into business insights and predictions.

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