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Question

Which commercial application of data mining involves uncovering risks associated with potential customers in insurance and mortgage businesses?

a.

Customer Segmentation

b.

Fraud Detection

c.

Delinquency Tracking

d.

Risk Management

Answer: (d).Risk Management Explanation:Risk Management involves using data mining to uncover risks associated with potential customers in insurance and mortgage businesses.

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Q. Which commercial application of data mining involves uncovering risks associated with potential customers in insurance and mortgage businesses?

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