Data Mining Helps In
| A. | Inventory management |
| B. | Sales promotion strategies |
| C. | Marketing strategies |
| D. | All of the above |
Answer: A
Explanation:
For businesses, data mining is used to discover patterns and relationships in the data in order to help make better business decisions. Data mining can help spot sales trends, develop smarter marketing campaigns, and accurately predict customer loyalty.
More Related MCQs on Data Mining
MCQ
What is the use of data mining MCQ?
Data mining is a process used to extract usable data from a larger set of any raw data.
What is data mining MCQ?
Data mining is a type of process in which several intelligent methods are used to extract meaningful data from the huge collection ( or set) of data.
Is the goal of data mining MCQ?
A goal of data mining is to explain some observed event or condition. Data mining is the computational process of discovering patterns in large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics, and database systems.
What are the functions of data mining?
Data Mining Functionalities
Classification.
Association Analysis.
Cluster Analysis.
Data Characterization.
Data Discrimination.
Prediction.
Outlier Analysis.
Evolution Analysis.