Finding out the benefits of data mining to the business

Assignment Help Database Management System

Reference no: EM13469255

The development of complex algorithms that can mine mounds of data that have been collected from people and digital devices have led to the adoption of data mining by most businesses as a means of understanding their customers better than before. Data mining takes place in retailing and sales, banking, education, manufacturing and production, health care, insurance, broadcasting, marketing, customer services, and a number of other areas. The analytical information gathered by data-mining applications has given some businesses a competitive advantage, an ability to make informed decisions, and better ways to predict the behavior of customers. Write a four to five (4-5) page paper in which you:

Q1. Determining the benefits of Data mining to the business when employing:

1. Predictive analysis to understand the behavior of customers

2. Associations discovery in products sold to customers

3. Web mining to discover the business intelligence from web customers

4. Clustering to find related customer information

Q2. Assess the reliability of the data mining algorithms. Decide if they can be trusted and redicts the errors they are likely to produce.

Reference no: EM13469255

Questions Cloud

In your analysis be sure to evaluate past present and : write a 1050-1400-word paper in which you analyze the organizational management administration and operational aspects

Oe of the problems that you will face in the real world : one of the problems that you will face in the real world is that of public perception of rehabilitation and community

In a certain experiment 137 g of al2o3 are produced from : aluminum and oxygen react to form aluminum oxide by the equationals o2gnbspnbsp regnbspnbsp al2o3sin a certain

Identify the current and future issues facing courts and : write a 1050-1400-word analysis in which you identify the current and future issues facing courts and court

Finding out the benefits of data mining to the business : the development of complex algorithms that can mine mounds of data that have been collected from people and digital

Write a 200- to 300-word response in which you identify : write a 200- to 300-word response in which you identify the major organizational theories associated with policing.

Additionally appraise the impact of court consolidation and : write a 350-700-word executive summary in which you articulate court purposes and responsibilities and the importance

Defendant a has been caught dealing marijuana out of her : in this assignment you will consider two hypothetical criminal cases for sentencing. then you will write a paper

As part of your evaluation identify and analyze current and : write a 1400-1750-word paper in which you conduct research and evaluate past present and future trends pertaining to

User Account

All Pages