Advantages offered by data mining, Computer Engineering

Assignment Help:

Advantages offered by Data Mining:

1.  Facilitates discovery of knowledge from big, massive data sets.

2.  Can be used within dissimilar application areas by Fraud detection, risk assessment , market analysis and customer segmentation etc.

3.  Method to develop effective CRM applications.

4.  Returns best results when used within data warehouse environment.

5.  Used extensively in telecommunications, retail and banking & finance industry.  

 


Related Discussions:- Advantages offered by data mining

Explain about merge sort circuit, Q. Explain about Merge sort circuit? ...

Q. Explain about Merge sort circuit? First split the given sequence of n numbers in two parts every part comprising of n/2 numbers. Afterwards recursively divide the sequence i

Mode counter, desing mode level counter starting at 0011 using D flipflop

desing mode level counter starting at 0011 using D flipflop

What is tape backup, Q. What is Tape Backup? Magnetic tapes are used th...

Q. What is Tape Backup? Magnetic tapes are used these days in computers for the below purposes: Backing up data stored in disks. It is essential to regularly save data s

Advantages and disadvantage of message passage programming, Q. Advantages a...

Q. Advantages and Disadvantage of Message Passage Programming? Advantages of Message Passage Programming     Portable It is less error prone Offers excellent

How and what data is gathered- simulation, How and what data is gathered- S...

How and what data is gathered- Simulation To make this as realistic as possible, data is required to be gathered over a long period of time. This can be done by sensors near/i

Computer peripherals, Describe the 8251 A programmable communication interf...

Describe the 8251 A programmable communication interface

What is open addressing, Open addressing:  The easiest way to resolve a co...

Open addressing:  The easiest way to resolve a collision is to begin with the hash address and do a sequential search by the table for an empty location. The idea is to place the

Eme, state function and path function

state function and path function

Symmetric and asymmetric encryption algorithms, Compare and contrast symmet...

Compare and contrast symmetric & asymmetric encryption algorithms. Your response should contain a brief overview of the cryptographic basis for every type of algorithm, and a compa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd