a. Definition of data mining.

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Answer 1

Question

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

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Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 5% increase. Andrews’s product Alan currently has an awareness level of 80% . While an important product for Andrews, Alan’s promotion budget will be reduced to one million dollars for the upcoming year. Assuming that Alan loses one-third of its awareness each year, what will Alan’s awareness level be next year? a) 79% b) 53% c) 74% d) 58%

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Answer 2

Question

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

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Answer 3

Question

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

Answer 6

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Answer 7

Chapter 11, Problem 11.1RQ

Program Plan Intro

a. Definition of data mining.

Answer 8

Expert Solution

Explanation of Solution

Data mining is the process of gaining insights (knowledge discovery) from huge data sources using sophisticated mixture of techniques from the field of artificial intelligence, traditional statistics and computer graphics.

Answer 9

Expert Solution

Answer 10

Expert Solution

Answer 11

Expert Solution

Answer 12

Program Plan Intro

b. Definition of online analytical processing.

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Answer 13

Program Plan Intro

b. Definition of online analytical processing.

Answer 14

Expert Solution

Explanation of Solution

Online analytical processingor OLAP refersto providing users with multidimensional views of data accessed by themwith the help ofvarious graphical tools.Using OLAPuserscananalyse the data with the help of simple windowing techniques.

Answer 15

Expert Solution

Answer 16

Expert Solution

Answer 17

Expert Solution

Answer 18

Program Plan Intro

c. Definition of business intelligence.

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Answer 19

Program Plan Intro

c. Definition of business intelligence.

Answer 20

Expert Solution

Explanation of Solution

Business intelligence is the set of methodologies, architectures, processed and technologies that generate meaning insights from raw data.

Answer 21

Expert Solution

Answer 22

Expert Solution

Answer 23

Expert Solution

Answer 24

Program Plan Intro

d. Definition of predictive analytics.

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Answer 25

Program Plan Intro

d. Definition of predictive analytics.

Answer 26

Expert Solution

Explanation of Solution

Predictive analytics is method of making predictions about what might occur in future by means of using computational and statistical methods on data related to current and past events.

Answer 27

Expert Solution

Answer 28

Expert Solution

Answer 29

Expert Solution

Answer 30

Program Plan Intro

e. Definition of Apache spark.

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.

Answer 31

Program Plan Intro

e. Definition of Apache spark.

Answer 32

Expert Solution

Explanation of Solution

Apache Spark is an open source infrastructural tool for analytics. It is an open source analytics environment useful for big and highly heterogenous data sets to provide capabilities from analytics to the maintenance of widley distributed storage system.