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Database Processing for BIS

Database Processing for BIS
BI reporting systems summarize the current status of business activities in order to predict future activities.

True
False

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Database Processing for BIS
Data Mining uses simple arithmetic techniques such as sums, averages, and groupings to perform what-if analyses, to make predictions, and to facilitate decision making.

False
True

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Database Processing for BIS
In unsupervised data mining, explanations are created after patterns are found.

False
True

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Database Processing for BIS
Market basket analysis primarily uses the technique of conditional probabilities.

False
True

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Database Processing for BIS
Which of the following is an unsupervised data mining technique?

RFM Analysis only
Both Regression Analysis and RFM Analysis
Regression Analysis only
Cluster analysis only

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Database Processing for BIS
RFM analysis uses customer's purchasing patterns to ________ .

perform OLAP
record transactions
predict future sales using regression techniques
analyze and rank customers

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