Data Mining DM Defined Is the analysis of (often large) observational data sets to find unsuspected relationships and to summarize the data in novel ways that are both understandable and useful to the data owner Process of analyzing data from different perspectives and summarizing it into useful information A class of database applications that look for hidden patterns in a group of data that can be used to predict future behavior. DM Defined The relationships and summaries derived
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COSTACCOUNTING TERMS 1. Define cost object and give three examples Cost object is defined as “Anything for which a separate measurement of cost is desired”. The term cost object and cost objective is synonymous. Cost object may refer to a process‚ a cost centre‚ and cost units. Cost unit is a quantitative unit of product or service in relation to which cost are ascertained. Cost centre is a location‚ function or item of equipment in
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responsibility when dealing with individuals or other companies in the business environment. When it comes to the career of nursing‚ professionalism is taken to a whole other level. Not only does professionalism come in to account with your business professionals and peers‚ but you have patients with whom professionalism is highly practiced as well. Professionalism in nursing means that you are able to handle all the responsibilities given to you in an efficient and proper way. It means that when
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Hi Katherina‚ Human error in nursing is usually unavoidable‚ unpredictable and unintentional. Further‚ some risks include language barriers‚ neglecting to follow the policy‚ in a hurry to complete the task. As a supervisor‚ I encountered a nurse who gave a patient the wrong medications. The error occurred when the patient answered to the wrong name‚ and the nurse failed to check the patient’s identification bracelet. Other errors can include carelessness on the behalf of the staff as well as not
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Business A business (also known as enterprise or firm) is an organization engaged in the trade of goods‚ services‚ or both to consumers. Businesses are predominant in capitalist economies‚ where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company‚ although that term also has a more precise meaning. The etymology of
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11.1 Outline the advantages for a car hire firm of the introduction of credit cards into Australia. Firstly‚ for the car-rental companies‚ customers drive away merchandise. And credit card is an indicator of good financial standing with external parties‚ furthermore‚ it provides efficient and secure transaction. Secondly‚ using credit cards will benefit both companies and individuals. For the car-rental companies‚ extra incoming will be increased which come from the ‘holding fees’ for customers
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Assignment 1 Legal Studies – GSB748 Due on: 20/03/2011 University of New England Victor M. Ayala Lancheros Student # 220070594 Word Count: 2‚719 GSB748 – Legal Studies Student # 220070594 1. The Case of Tommy v Spud 1.1 Advice to Tommy 1.1.1 Duty of Care In this case‚ the “neighbour principle” of Lord Atkin and the test of proximity of relationship of the High Court is applicable (Turner 2011:738). The parties have a special relationship based on physical proximity and causal proximity:
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Task 1 Introduction: In this task we will be listing different types of hardware and software that will be suitable in order to set up the computer lab. First we will be listing the different types of motherboards‚ processors and memory devices available on the market. Motherboards: Figure [ 1 ] Price | € 127.00 | SKU | MB-L90602 | Form Factor | ATX | CPU Socket | 1156
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Chapter 2 Opportunity cost of capital – rate of return expected to be received from alternate investments forgone. NPV – Present value of cash flows less the cost of acquiring the asset acquire assets with positive NPV‚ positive NPV = good project Rate of Return = profit/cost or investment (good investments have higher rate of return than opportunity cost) Higher discount rate ( lower discount factor (lower NPV Investment Decision Rules: 1. accept if positive NPV 2. accept
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Chapter 9 The Valuation of Stock TRUE/FALSE T 1. The expected return depends on future dividends and future price appreciation. T 2. The dividend-growth valuation model depends on dividends and the required rate of return. F 3. The dividend‑growth model includes both the current and past years’ dividends. T 4. If the anticipated return exceeds the required rate of return‚ the investor should buy the stock. F 5. The dividend‑growth model requires that dividends
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