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About Data Mining
1. Data mining allows companies to analyze large amounts of stored data to uncover hidden patterns and relationships that can provide useful business insights and knowledge. 2. As data storage costs decrease, companies, government agencies, and research institutions are accumulating vast amounts of data but lack the analytical capabilities to understand it. Data mining uses computer algorithms to automatically find patterns in large data sets. 3. Data mining techniques include association pattern analysis to find relationships between different data items, cluster analysis to organize data into meaningful groups, and predictive modeling to discover patterns that can be used to predict future outcomes. Uncovering useful patterns from data can help businesses target advertising, personalize websites, and predict customer behavior.
Detailed Information
Author: | ['chepimanca'] |
---|---|
Publication Year: | 2010 |
Pages: | 3 |
Language: | English |
Format: | |
Price: | FREE |
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