Question

Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of

A. data isolation.
B. data mining.
C. secondary data collection.
D. sentiment mining.
E. qualitative research.

Answer 1

Answer:

B. data mining.                                                      

Explanation:

Data mining: The term data mining refers to the phenomenon of analyzing a particular data pattern having different categorization perspectives into useful information, being assembled and collected in similar areas, for example, data mining algorithms, facilitating decision making in business, efficient analysis, and data warehouses.

Types of data mining:

1. Clustering.

2. Regression.

3. Association Rules, etc.

In the question above, the given statement signifies the data mining process.