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When a firm needs to use data to identify he most likely outcome of a decision or scenario, they can ...
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When a firm needs to use data to identify he most likely outcome of a decision or scenario, they can ...
When a firm needs to use data to identify he most likely outcome of a decision or scenario, they can use ________.
▸ data mining
▸ data processing
▸ deep learning
▸ text mining
▸ predictive analytics
Textbook
Business in Action
Edition:
9
th
Authors:
Bovee, Thill
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text mining
Three important analytics capabilities are data mining (finding patterns in numerical data), text mining (extracting meaning from text files), and predictive analytics (identifying the most likely outcomes of a decision or scenario).
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