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Given the following two examples, please explain whether supervised or unsupervised data mining techniques are needed and why A company developed a new product and

Given the following two examples, please explain whether supervised or unsupervised data mining techniques are needed and why

  1. A company developed a new product and wanted to build a model to predict whether customers would buy or not buy the new product.
  2. A company wants to group their customers based on their preferences.

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