What is a statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste?

Affinity analysis is a technique used to divide information sets into mutually exclusive groups such that the members of each group are as close together as possible to one another and the different groups are as far apart as possible.

ETL stands for extraction, transformation, and loading.

What is the function of web analytics?

Real-time systems provide real-time information in response to requests.

What is a business that collects personal information about consumers and sells that information to other organizations?

A data miner is a business analytics specialist who uses visual tools to help people understand complex data.

Volume includes the scale of data.

What is another term for data that does not exist in a fixed location?

Master data management (MDM) is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems. MDM is commonly included in data governance.