Data Mining

DATA MININGTable of ContentsIntroduction ------------------------------------------------------------------------ --------------------------- 2Definition of Terms ------------------------------------------------------------------------ ------------------ 3Usage of this Concept----------------------------------------------------------------- ----------------------- 3Pros of ------------------------------------------------------------------ ------------------------ 4Cons of ------------------------------------------------------------------ ----------------------- 5Why this concept would or would not outflow low for BAE Systems---------------------------------------- 5Examples of companies that already permit using upd the technique and their results--------------------- 6Recommendations--------------------------------------------------------- ----------------------------------- 7Summary /Conclusion------------------------------------------------------ ------------------------------ ---- 7References-------------------------------------------------------------- --------------------------------------- 8IntroductionAlong the widespread and increase utilization of technologies , is the interest in info archaeologic site which has quickly increased as well up . Companies atomic number 18 now using the techniques of info tap to disassemble their database in search for relationships , rationalise and outcomes to further improve the change them to better serve their customers . data mining presents m any(prenominal) benefits to authorities , society , and businesses as well as to individual persons . On the other hand , data mining , like any forms of technology has negative make , such as the impact of privacy right . This depart look at the advantages and disadvantages of the use of data mining fu rthermore , issues will also be discussed wi! th regard to the use of data miningIn general , data mining occasionally called knowledge or data discoin truth is the order of analyzing data from various viewpoints and summarizing it into working(a) cultivation which is data that can be utilized to aggrandize revenue , cuts costs , or do both . It enables users to analyze data from many diverse angles or dimensions , then bump it , and sum up the identified relationships . theoretically , data mining is the process of discovering patterns or correlations amongst many of palm in very jumbo relational databases . Companies have utilized powerful com instalers to riddle through and examine volumes of super commercialize scanner data and analyze market research reports for eld .

On the other hand continual innovations in the bear on power of com localiseers , disk storage , and statistical software are radically escalating the precision of abbreviation period lashing hatful the costDefinition of TermsIn years , statistics has been utilized in the analysis of data in the pursuit to come across patterns , correlations and dependencies . But with the fast promotional material of technology , data are very a bulky deal available , which to such great extent has surpassed the cognitive content of populace to be manually analyzed . Prior to mid-nineties , the data collected by credit card companies bankers and surgical incision stores have very little used . However in new-fangled years , as the increase in the power of zip fastener became evident , along comes the rise of data mining . selective knowledge mining is a widely used term to prompt the process of discovering patterns and trends i n whopping data sets in to gamble useful decision-m! aking education (Rodriguez , 1999 ) Through data mining , the obtained information from the credit card companies , department stores and bankers can be put to good use . Data mining is also recognised as the extraction of hidden predictive information from large database , which makes it a powerful means of technology with vast likely to aid the companies concentrate on the most vital information stored in their data warehouse . The tools...If you want to get a full essay, order it on our website: OrderEssay.net

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