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balandron [24]
3 years ago
12

All of the following statements about data mining are true EXCEPT1. the process aspect means that data mining should be a one-st

ep process to results.2. the novel aspect means that previously unknown patterns are discovered.3. the valid aspect means that the discovered patterns should hold true on new data. 4. the potentially useful aspect means that results should lead to some business benefit.
Business
1 answer:
Romashka [77]3 years ago
5 0

All of the following statements about data mining are true EXCEPT

the process aspect means that data mining should be a one-step process to results.

<u>Explanation:</u>

When you are in a need to find the patterns in a data set which is very large, then the process called data mining can be used. The methods like machine learning, database and statistics are used in finding patterns. Data mining helps in getting some useful information from a large set of data.

Hence, with the method of data mining we can discover the patterns that exists in a given data set and that are not known already. It helps in obtaining some useful information that can be utilized in various business aspects. It does not involve single step in finding patterns in data set and the patterns that are discovered with this data mining will be true which is its noble aspect.

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Twenty years ago, a family purchased a vacant lot for $26,500. they made no improvements during the time they owned the property
KonstantinChe [14]
To find the gross profit margin found by:
(revenue - cost of goods sold)/revenue

Revenue = $62,275
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= (62,275 - 26,500)/62,275
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3 0
4 years ago
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ale4655 [162]
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4 0
3 years ago
Diddle Corp. prepared the following reconciliation of income per books with income per tax return for the year ended December 31
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Answer:

The correct answer is b) $ 244,800.

Explanation:

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However in question effective rate is given and book income is also there. Effective rate is rate is rate applied on book or accounting income in order to arrive at current income tax provision. For calculation please refer to below calculations.

Didde Corp. prepared the following reconciliation of income per books with income per tax return forthe year ended December 31, 2011:

Book income before income taxes                      $ 1,200,000

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Deduct temporary difference depreciation

expense which will reverse in equal amounts

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Taxable income                                                       $ 720,000

Income tax Provision = (1,200,000 * 34)                 $ 408,000

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