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balandron [24]
2 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]2 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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Explanation:

If my friend wants to invest her $5000 and asks recommendations from me, then the main question i ask from her would be how much risk she is ready to take. There are different investment opportunities depending upon the level of risk a person is willing to take. If my friend would like to go safe and doesn't need any risk in her investment, then i would recommend her to buy Treasury Bills for long term investment. There would be no risk involved. Secondly i may ask her to put her money in the saving account to enjoy interest money while keeping the principal amount safe. Thirdly i may ask her to invest in real estate for long term. Again the risk would be minimal. But if she wants to take risks, i would ask her to invest in the short term stocks and keep an eye on the movement of the stocks to get profit. Secondly i may ask her to invest in the foreign exchange market, in currencies or in commodities to get benefits on the rule of high risk high return.

So these are some recommendations for her on the basis of the risk she wants to take.  

4 0
2 years ago
Horford Co. has no debt. Its cost of capital is 8.9 percent. Suppose the company
blsea [12.9K]

Answer:

A. 12.1%

B. 8.9%

Explanation:

a. Calculation for What is the company's new cost of equity

Using this formula

New cost of equity=Cost of capital+[(Cost of capital- Debt interest rate ) *(Debt-equity ratio)*(1)]

Let plug in the formula

New cost of equity=[0.089+[(0.089-0.057)*(1)*1]

New cost of equity=[0.089+0.032*(1)*1]

New cost of equity=[0.121*(1)*1]

New cost of equity=0.121*100

New cost of equity=12.1%

Therefore the company's new cost of equity will be 12.1%

b. Calculation for What is its new WACC

Particular Weight Cost Weighted cost

Equity 0.5000 *12.1% = 0.0605

Debt 0.5000 * 5.7% =0.0285

WACC =0.089*100

WACC =8.9%

(0.0605+0.0285)

Therefore the new WACC will be 8.9%

4 0
2 years ago
Curling is a sport where teams slide stones on ice and attempt to hit targets. Teams consist of four players. Suppose that Bob,
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Answer:

Premium is likely to be $180.00

Explanation:

Two players have 40%  chance of slipping

Equally,two players have 20% chance of slipping

bruise cost per slip is $150

Premium=40% chance of slipping*bruise cost*2 players +20% chance of slipping*bruise cost*2 players

Premium=40%*$150*2+20%*$150*2

Premium=0.4*$150*2+0.2*$150*2

premium=$60*2+$30*2

premium=$120+$60

premium=$180.00

If the insurance company offers bruise insurance to the players ,the premium is likely to be in the region of $180.00

8 0
2 years ago
The BEST explanation of why there will always be scarcity is because
nikitadnepr [17]
Based on the given options, the most likely is answer is "D) while peoples' wants are unlimited, resources are limited." Scarcity exists because of people's uncountable desires.  Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
6 0
2 years ago
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An upset forging plant will be built to produce 2,000,000 parts per year. The plant will operate for three 8-hour shifts per day
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Answer:

A. 16

B. 57.14

Explanation:

forging presses = 20

setup time = 3 hours

Time required to produce 1 batch = 600 *45 s = 7.5 hours

total workforce = 7 in all;

a. no of forged parts produced in a month ;

total time required to produce 1 forged part = 3 + 7.5 = 10.5 hours;

working hours a day = 8 ;

total no of working days = 21/month;

total no of batches produced n= 21*8/10.5;

n = 16;

so no of parts = 16 * 600 = 9600;

b. labor productivity P= parts /work hour;

P = 9600/21*8 = 57.14

3 0
2 years ago
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