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.
Answer:
$83,000
Explanation:
The computation of the actual manufacturing overhead cost is shown below:
= Indirect labor + depreciation on plant + machinery repair + plant supplies + plant utilities
= $11,000 + $48,000 + $11,000 + $6,000 + $7,000
= $83,000
Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored
Answer: Option D
Explanation: Prospecting is the first step in a selling process. Under this the sales person identifies the potential customers and communicate with them to covert them into current customers.
Similarly, qualifying refers to analyzing the characteristics of a lead to determine if it qualifies as a prospect.
Hence from the above we can conclude that Kylie is performing the function of prospecting and qualifying.
