Certified Government Financial Manager (CGFM) Practice Exam 2025 – Your All-in-One Guide to Exam Success!

Question: 1 / 875

What is a crucial requirement in data mining?

Inability to gather diverse data sets

Access to high-quality data is necessary

Access to high-quality data is indeed essential in data mining because the effectiveness and accuracy of any analysis or model built upon that data directly rely on its quality. High-quality data ensures that the insights derived from the analysis are valid and reliable. This means that the data should be accurate, complete, consistent, and timely. If the data is flawed or of low quality, any conclusions drawn could lead to incorrect decisions or predictions, undermining the entire purpose of the data mining process. Quality data is necessary to find meaningful patterns and relationships, making it a fundamental requirement in the field.

The other choices indicate less effective strategies, such as having an inability to gather diverse data sets, which would severely limit the scope of analysis, or relying on unfiltered data, which could lead to the inclusion of irrelevant or misleading information. Additionally, limiting data sources to only one would reduce the breadth of insights gained, making it difficult to uncover comprehensive patterns that could exist across varied data sources.

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Availability of unfiltered data

Limiting data sources to only one

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