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almond37 [142]
3 years ago
11

Which of the following is a descriptive data mining technique?

Business
1 answer:
IRISSAK [1]3 years ago
4 0

Answer:

Descriptive data mining technique:

4. Cluster Analysis

Explanation:

Cluster Analysis is one of the data mining techniques.  It classifies variables into similar groups according to their subjects.  It is also a descriptive technique.  Descriptive mining produces correlation, cross tabulation, frequency, etc, thereby discovering the regularities in the data, revealing data patterns, and discovering the subgroups of the data.

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When total expenditures are greater than total production, __________ is produced than households want to buy, which leads to __
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Answer:

When total expenditures are greater than total production, <u>less</u>  is produced than households want to buy, which leads to <u>decrease</u> in inventory, which signals firms that they have <u>under-produced,</u> which causes firms to increase production.

Explanation:

  • When total expenditures are greater than total production, then the business will have low production.
  • If the production is lower than the customer's demand then it will decrease in inventory.
  • If the production is less than the demand of the customer, then in order to fulfill the gap, we need to increase our production.
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When revising a budget, it is important to make choices that allow you to continue<br> money.
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saving

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What measures the change in prices of a basket of goods and services in a given year?
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Consumer Price Index
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Question 8 Presented below are changes in the account balances of Wenn Company during the year, except for retained earnings. In
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Change in assets= 28,860-17,010+52,010+46,730= 110,590(increase)

Change in liabilities= 32,580-19,620=12,960 (increase)

Change in stockholders equity= 110,590-12,960 = 97,630

Net increase= 97,630

Change in common stock= 63,760

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Net increase accounted for = 63,760-15,390= 48,370

Increase in retained earnings (net income)= 32560

Compute the net income for the current year.

Net income $32560

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