Data mining with as few as several hundred records

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From a statistical perspective, accurate models can be built in data mining with as few as several hundred records. Please choose a correct answer from the following statements about the aforementioned statement.

a. The statement is contradictory to the idea of data mining sifting through large amounts of data to gain useful information and therefore false.

b. The statement is true because what we need to build a model is 'good' representation of the population, which we can often get with a few hundred records.

c. The statement is false because use of a small number of records would lead to overfitting.

d. The statement is false because several hundred records are very unlikely to lead to an accurate model.

Reference no: EM131738553

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