Explanation:
Data mining is a technique in data analysis that allows users determine faster and one of the strategic business intelligence techniques. Data mining enables users to analyze large amounts of data and to identify hidden links within data not known otherwise.
For example, data mining might reveal that a consumer buying product X is ten times as likely to buy the product
Data mining finds information such as:
- Relationships, or events related to a single event.
- Events or patterns linked over time.
- Category or patterns that define the category to which an article refers, discovered through an analysis of current classified objects and the application of a set of rules.
- Unclassified or connected clusters;
- Clusters, or unclassified but related groups
Whether hunting at new products and services or seeking new marketing strategies or new markets, I would suggest to a company that uses data mining. Data mining can be useful if unforeseen business issues whose sources are hard to identify are being studied.
Answer: -30%
Explanation:
The Nominal gain is:
= 100,000 - 20,000
= 80,000 foci
Tax on nominal gain:
= 20% * 80,000
= 16,000 foci
After tax nominal value of land:
= 100,000 - 16,000
= 84,000 foci
The real value given the price index is:
= 84,000 / 600 * 100
= 14,000 foci
After tax real rate of cap. gain:
= (14,000 - 20,000) / 20,000
= -30%
Answer:
Yes they can continue advert but only if the 1% is equivalent or greater than the 10$ spent on advert.
Explanation:
There is an increase in revenue by 1%, this indicates that a number of people were attracted to the product because of the advert. With this the company might do better with consistent advert in subsequent year. They can change the channel of advert, improve on the quality of advert or change the time and location of the advert. Infarct, the 1% increment in revenue can be up to 20$ since we are not sure of the exact company's revenue. But if the 1% is far lower than the amount spent, the company can seek advice from professionals.
Answer:
$2,400
Explanation:
Total production Cost:
= Direct materials and direct labor + Indirect materials and indirect labor + Insurance on manufacturing equipment
= $7,000 + $2,000 + $3000
= $12,000
Amount should be reported as inventory in the company’s year-end balance sheet:
= (Total production Cost ÷ Units manufactured) × (Units manufactured - Units sold)
= ($12,000 ÷ 1,000) × (1,000 - 800)
= $12 × 200
= $2,400
