Final answer:
Data mining involves both descriptive and prescriptive analytics within the realm of statistics.
Explanation:
Data mining involves the process of analyzing data to extract useful information, support decision-making, and predict outcomes. In the realm of statistics, data analysis is divided into descriptive statistics that summarize and present the data characteristics and inferential statistics that allow for predictions and deductions about the population. Data mining can encompass both descriptive and prescriptive analytics, where descriptive analytics focus on summarizing past data, while prescriptive analytics involve recommending actions based on the analyzed data.
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