Data Mining Weekly Assignment 6: LIFT; CRM; AFFINITY POSITIONING; CROSS-SELLING AND ITS ETHICAL CONCERNS. What is meant by the term “lift”? The term “lift” describes the improved performance of an exact or specific amount of effort on a modeled sampling‚ as opposed to a random sampling (Spang‚ 2010). In other words‚ if you are able to market via a model to say‚ a given number of random customers (e.g. 1000)‚ and we expect that 50 of them would be successful‚ then a model that can generate 75
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team‚ collect different types of data. One of them is meeting legal requirements. In order to satisfy legal obligations we collect such information as contractual arrangements‚ employees’ duties‚ privileges‚ salaries‚ working hours‚ vacation accruals‚ bonuses‚ as well as documents relating to health and safety. The Russian Labor Inspection can check any data regarding individual employees and it is important for the organization to timely provide accurate and valid data in order to avoid fees or other
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Primary sector of the economy The primary sector of the economy is the sector of an economy making direct use of natural resources. This includes agriculture‚ forestry and fishing‚ mining‚ and extraction of oil and gas. This is contrasted with the secondary sector‚ producing manufactures and other processed goods‚ and the tertiary sector‚ producing services. The primary sector is usually most important in less developed countries‚ and typically less important in industrial countries. The manufacturing
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Professor Faleh Alshamari Submitted by: Wajeha Sultan Final Project Hashing: Open and Closed Hashing Definition: Hashing index is used to retrieve data. We can find‚ insert and delete data by using the hashing index and the idea is to map keys of a given file. A hash means a 1 to 1 relationship between data. This is a common data type in languages. A hash algorithm is a way to take an input and always have the same output‚ otherwise known as a 1 to 1 function. An ideal hash function is
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Stephanie Mustacchio Essay 1 The secondary group I am currently a part of is an art class that I attend two days a week. I have been attending this particular class‚ which consists of me and five other individuals‚ for nearly one year. I would classify this group as an activity group. A close friend of mine‚ John‚ after realizing a common interest in art among a few of our friends and acquaintances‚ created the class. In our first week‚ we all met to decide on a fixed meeting place and time
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CHAPTER 7 Revenue and Collection Cycle LEARNING OBJECTIVES Review Checkpoints Exercises‚ Problems‚ and Simulations 1. Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition. 1‚ 2‚ 3 59 2. Describe the revenue and collection cycle‚ including typical source documents and controls. 4‚ 5‚ 6‚ 7‚ 8 54‚ 55‚ 61‚ 63‚ 64‚ 66 3. Give examples of tests of controls over customer credit approval‚ delivery‚ and
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Lab – Data Analysis and Data Modeling in Visio Overview In this lab‚ we will learn to draw with Microsoft Visio the ERD’s we created in class. Learning Objectives Upon completion of this learning unit you should be able to: ▪ Understand the concept of data modeling ▪ Develop business rules ▪ Develop and apply good data naming conventions ▪ Construct simple data models using Entity Relationship Diagrams (ERDs) ▪ Develop entity relationships and define
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Primary Source Analysis In order to determine the validity of a source‚ to prove it is a primary source and not a secondary source‚ one must look at several things. There are many aspects about it that show its validity. These include; when the event the source is talking about took place compared to when the author wrote the piece and when they were alive‚ whether or not it was an eye-witness account‚ and the reason the author wrote about it. Also in the evaluation process of the source
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1. Environmental pollution is a serious issue and it is important to take steps on an individual level to reduce it. But now‚ since it is becoming an international issue‚ it is time to take environmental protection to a higher level. To what extent do you agree or disagree? 2. Theoretical subjects like mathematics‚ philosophy and economics should be removed from the university education‚ whereas most of the students are interested in taking practical subjects such as computer programming‚ engineering
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The term secondary school refers to the levels of schooling that follow elementary school and conclude with high school graduation. Typically‚ these include middle schools or junior high schools‚ the most common configuration of which is grades six through eight‚ and high schools‚ the most common configuration of which is grades nine through twelve. The 1983 release of the National Commission on Excellence in Education document A Nation at Risk focused national attention on the need for school reform
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