Data Mining In A Nut Shell

data Mining in a Nut graduated table In today?s business world, information almost the customer is a necessity for a businesses trying to tap its profits. A new, and important, tool in gaining this knowledge is information Mining. information Mining is a set of automated procedures used to recuperate previously unknown patterns and relationships in data. These patterns and relationships, once extracted, can be used to make valid predictions about the behavior of the customer.

selective information Mining is generally used for four main tasks: (1) to transform the process of making new cu stomers and retaining customers; (2) to reduce fraud; (3) to experience internal wastefulness and deal with that wastefulness in operations, and (4) to interpret unexplored areas of the internet (Cavoukian). The fulfillment of these tasks can be ascending if appropriate data has been collected and if that data is stored in a data warehouse. According to Stanford University, A Data Warehouse is a repository of integrated informatio...If you want to get a dear essay, order it on our website: BestEssayCheap.com

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