PIT U2L2 Understanding Data Collection and Protection

What is the process called where companies collect and process data to create new information?

• Data Analysis

• Data Mining

• Data Structuring

• Data Collection

Which of the following is an example of a tool used by grocery stores to track consumer buying habits?

• Credit Cards

• Loyalty Cards

• Cash Transactions

• Online Surveys

What is the first step before data can be mined?

• Data Analysis

• Data Structuring

• Data Capture

• Data Visualization

What can grocery stores offer to customers based on their buying habits?

• Free Products

• Special Discounts or Offers

• Membership Cards

• Gift Cards

What is the main purpose of data mining in businesses?

• To increase data storage

• To create new information

• To delete unnecessary data

• To encrypt data

Which of the following is NOT a step in the data mining process?

• Data Capture

• Data Structuring

• Data Deletion

• Data Analysis

What is the benefit of using loyalty cards for grocery stores?

• They increase the price of products

• They help track consumer buying habits

• They reduce the number of customers

• They replace cash transactions

What type of data is needed before it can be mined?

• Structured Data

• Unstructured Data

• Encrypted Data

• Deleted Data

Which of the following is a result of effective data mining?

• Increased data storage costs

• Improved business decisions

• Decreased customer satisfaction

• Reduced data accuracy

What is the role of data structuring in data mining?

• To delete unnecessary data

• To organize data into a meaningful format

• To encrypt data for security

• To increase data redundancy