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Airida [17]
3 years ago
6

"A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition

to product A. Identify the technique used to make such a prediction"
Business
1 answer:
hammer [34]3 years ago
8 0

Answer:

Data mining

Explanation:

Here are the options to this question :

a. Data query b. Simulation c. Data mining d. Data dashboards

Data mining is used to extract useful data from a larger set of any raw data. It is used to find relationship among data.

The store owner found a relationship between A, B and C.

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Answer:

The correct answer is A.

Explanation:

Giving the following information:

In 2014, the Italian adult non-institutionalized population was 38.8 million, the labor force was 25.4 million, and the number of people employed was 22 million.

Labor force= 25.4/38.8= 65.5%

Unemployment rate= 3.4/25.4= 13.4%

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Which of the following is a disadvantage of e-government?
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Match the legislation with the correct description.
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What's going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only compet
Vedmedyk [2.9K]

Answer: <em>Oligopolistic Competition</em>

Explanation:

Here, in this particular case we can state that the competition that persists in this scenario is <em>Oligopolistic Competition. </em>It is referred to as the situation in a market under which there tend to be only few sellers that further sell a differentiated product, here the seller tends to have higher percentage of  market control and thus they further cannot allow themselves to disregard the  conduct of other sellers.

8 0
3 years ago
John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritan
I am Lyosha [343]

Answer:

John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

Explanation:

To determine this, we employ the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount of the boat he wants = $341,400

M = Annual investment required = ?

r = Annual interest rate = 12%, or 0.12

n = number of yeas = 6

Substituting the values into equation (1) and solve for M, we have:

$341,400 = M * (((1 + 0.12)^5 - 1) / 0.12)

$341,400 = M * 6.35284736

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M = $53,739.6824846741

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M = $53,739.68

Therefore, John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

8 0
2 years ago
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