All of the following statements about data mining are true EXCEPT. a. The term is relatively new. b. Its techniques have their roots in traditional statistical analysis and artificial intelligence. c. The ideas behind it are relatively new. d. Intense, global competition make its application more important.

C. The ideas behind it are relatively new.

Explanation:

The ideas behind data mining are based on the principle of identifying patterns in large sets of data.

This idea is not new because some other statistical principles like the Bayem's theorem of the 1700's and the regression analysis of the 1800's were based on this idea of identifying patterns in large sets of data.

The Bayem's theorem was founded by Reverend Thomas Bayem and it was based on the principle that the probability that an event will occur is dependent on former conditions that made the event occur.

The regression analysis measures the ways in which a dependent and independent variable are related.