ICT · Information Technology
A bank uses a statistical model to analyze past customer transactions, balances, and demographics (data from the Data Warehouse) to predict which existing customers are most likely to accept an offer for a new premium credit card. This specific application is an example of:
- 1Online Transactional Processing (OLTP)
- 2Disaster Recovery Planning (DRP)
- 3Data Mining (DM)✓
- 4Software Development Life Cycle (SDLC)
Correct answer
Data Mining (DM)
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