Text mining helps companies tap into the massive volume of customer opinions expressed online.
<h3>What is text mining?</h3>
Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."
The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.
Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.
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Answer:
A. Kaizen costing
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, a direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.
On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel etc.
Kaizen costing refer to calls for establishing cost reduction targets with respect to products or services that an organization is currently providing to customers. The word "Kaizen" has a Japanese origin and it simply means continuous improvement to a thing.
Answer: Normal good
Explanation:
A normal good is a good that has a positive correlation between its income and demand. This means that for a normal good, an increase in income will lead to an increase in the demand for the good while a reduction in income will also lead to a reduction in the demand for the good.
Cassandra bought 16 clothes when her income was $40000 but when her income reduced to $35000, she bought less of the good. That means that the cotton blouses bought by Cassandra are normal good.
I personally think the person who won it should get to keep it. Then again everyone is different.
Answer and Explanation:
The computation is shown below:
Discount rate 5%
<u>Year Cash flow Discounting cash flows Cumulative cash flows</u>
0
1 $8,000 7,619.05 7,619.05
2 $9,000 8,163.27 15,782.313
3 15,782.31
4 $20,000 16,454.05 32,236.36
PV of loan = 32,236.36
Now
37000 ÷ 1.05^t = 32236.36
t = 2.8248
Discounting cash flows is
= cash flows ÷ (1+rate)^year
