1. Data Minning
Branches are used to represent choices with associated risks, costs, results, or probabilities. ... Other real world examples of data mining include: Targeting a set of consumers who are most likely to respond to a direct mail campaign Predicting the probability of default for consumer loan applications Predicting audience share for television programs Predicting the probability that a cancer patient will respond to radiation therapy Predicting the probability that an offshore oil well is actually going to produce oil There are many computer applications on the market to assist bus...
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- Grade Level: High School