Correlation analysis refers to the application of statistical analysis and other mathematical techniques to evaluate or measure the relationships between variables. It can be used to identify the most likely set of factors that will lead to a particular outcome — such as a client responding to an offer or the performance of financial markets.
The word encode has meanings such as “encoding”, "encryption" or “symbolization” and basically involves the conversion of signals and data according to certain rules.
Risk management, sometimes referred to as risk mitigation, is the process of developing a strategy to reduce certain individual risks until the aggregate risk level for an activity is reduced to an acceptable level.
MongoDB is a cross-platform, open-source database that uses a document-oriented data model rather than a relational database structure based on a traditional table.
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