Text mining helps companies tap into the massive volume of customer opinions expressed online.
<h3>What is text mining?</h3>
Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."
The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.
Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.
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Most likely a Command economy.
Answer:
the value of the marginal product of labor is $500
Explanation:
The computation of the value of the marginal product of labor is shown below:
= MRP × price per unit
= 10 units × $50 per unit
= $500
hence, the value of the marginal product of labor is $500
We simply applied the above formula
Answer:
The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.
Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.
Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.
Answer:
The answer is B.
Explanation:
Variance is the difference between the expected sales(revenue), price, material quantity, material cost(expense) and the actual sales, price or material quantity.
Sometimes, expected or budgeted sales or price might be higher than actual sales or price, if this happens the variance is an unfavorable one.
And if it is the actual that is higher or more than the budgeted or expected sales or price, we say it is a favourable variance.