Question

Which of the following patterns is incorrect regarding data mining methods?

On Saturday nights, people who buy gloves also tend to buy donuts. -Prediction

An existing banking customer who already has a savings account will open a checking account followed by a brokerage account within a year. - Sequential relationship

segment consumers into groups based on information such as age, marital status, gender, and income.- Cluster

Answer 1

Answer

On Saturday nights, people who buy gloves also tend to buy donuts. -Prediction

An existing banking customer who already has a savings account will open a checking account followed by a brokerage account within a year. - Sequential relationship

Explanation

On Saturday nights, people who buy gloves also tend to buy donuts this comes under "sequential relationship"

Sequential relationship are a useful method for identifying trends, or regular occurrences of similar events. For example, with customer data you can identify that customers buy a particular collection of products together at different times of the year. In a shopping basket application, you can use this information to automatically suggest that certain items be added to a basket based on their frequency and past purchasing history.

from that we can identify this is sequential relationship

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An existing banking customer who already has a savings account will open a checking account followed by a brokerage account within a year. this comes under "prediction"

prediction involves forecasting

we can clearly see that this pattern associates with prediction

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all the best