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sammy [17]
3 years ago
10

The data-mining technique that creates a report or visual representation is _____.

Business
1 answer:
Helga [31]3 years ago
3 0

Answer:

The data-mining technique that creates a report or visual representation is summarization.

Explanation:

The business world has changed drastically over the years in terms of marketing and service delivery because of growth in technology. The use of machines and internet has caused a greater need for access and analysis of information in such a way that can make a business thrive in the market. This means that most businesses have to look into better data-mining techniques that can assist them in the competitive business environment.

The different data mining techniques include; association-rule learning, classification, summarization and regression. They are explained further as follows:

1. Association-rule learning: this is a machine learning technique that discovers a relationship between large databases using the concept of strong rules.

2. Classification: this technique finds similarities in features of two or more data sets and groups them into the same category.

3. Regression: this is a predictive technique that is used to identify and analyse the likelihood of a specific variable.

4. Summarization: this technique takes the results from the data and puts it in a way that it is short and understandable by most people. It usually involves the use of tables and other data summarization software like Excel sheets to represent the data in a way that conclusions can easily be drawn. Data summarization is important especially in the digital world where large amounts of data are available for analysis and transfer. This technique helps in breaking down huge data into short comprehensible reports that can easily be used for quick decision making.

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asambeis [7]

Answer:

d. Is an acceptable strategy once a need has been identified and a suitable product has been selected.

Explanation:

A face to face selling of a product directly to business is one of the best example of personal selling e.g. cars, photocopier, office equipment etc.

5 0
3 years ago
We associate the term debt finance with a. the bond market, and we associate the term equity finance with the stock market. b. t
Vedmedyk [2.9K]

Answer: Option A  

     

Explanation: In simple words, debt financing refers to a process under which an organisation borrows money from other parties without giving any share in the ownership rights.

These finances are usually gathered by selling bonds bills and notes to the general public. Whereas, equity finance sells its ownership rights and raise money from it.

Hence from the above we can conclude that the correct option is A.

6 0
3 years ago
Anderson Corporation has purchased a group of assets for $16,600.
Sati [7]

Answer:

C.$ 8 comma 798$8,798

Explanation:

Given,

Purchase value = $16,600

Considering the relative values

Relative value of land = $6,500

Total relative value = 6500 + 2400 + 3400

                                = $12,300

Using the relative value to allocate the purchased value of the land

Purchased cost of land = (6500/12300) × 16,600

                                       = 0.53 × 16,600

                                      = $8,798

The amount that would be debited to the Land is $8,798 Option C

4 0
3 years ago
Boyd Docker has just rented space in a strip mall. In this space, he will open a photography studio, to be called SnapShot! A fr
katrin2010 [14]

Answer:

The normal balance of each account will depend on the type on account involved.

Explanation:

The double-entry system of accounting imlpies that transactions recorded shlooud involve two movements; a corresponding debit entry for a credit entry, though some transactions have more than two entries.

However, by way of rule, a normal balance increases the account and on the opposite of that account, the amount decreases so as to obtain a balance in its rightful position.

Thus, asset accounts will have debit balances, liabilities and capital accounts will have credit balances, income account will have credit balances due to its additional effect on capital, while expenses and withdrawals will have debit balances because they reduce capital.

4 0
3 years ago
An auditor discovered that a client's accounts receivable turnover is substantially lower for the current year than for the prio
Juli2301 [7.4K]

Answer:

B. There was an improper cutoff of sales at the end of the year.

Explanation:

Sales cuttoff focuses on whether sales are properly reccorded for a particular period.

8 0
3 years ago
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