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Questions and Answers
What has led to the increasingly widespread business application of data science principles and data-mining techniques?
In which industry are the widest applications of data-mining techniques found?
What is a major application of data mining in the finance industry?
Which sector uses data mining for tasks such as fraud detection and workforce management?
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What has outstripped the capacity of manual analysis in exploring datasets?
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What is the primary purpose of using data mining in general customer relationship management?
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What is the primary goal of the book mentioned in the text?
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What does the text suggest about the terms 'data science' and 'data mining'?
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Why is it important to understand data science even if you never intend to apply it yourself?
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What does the text imply about the relationship between data science and data mining techniques?
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What should a reader be able to do after getting better at data-analytic thinking?
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What does the text suggest about the relationship between data science and intuition?
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What is the main difference between 'data science' and 'data mining' according to the text?
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What does 'data-analytic thinking' enable you to do?
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What does the text suggest about the relationship between 'data perspective' and business problems?
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Why does the text emphasize basic principles over specific techniques in the book?
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