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

Determine the decimal equivalent of hexadecimal number, The hexadecimal num...

The hexadecimal number for (95.5) 10 is ? Ans. (95.5) 10 = (5F.8) 16 Integer part Fractional part 0.5x16=8.0

Java, mine sweeper algorithm.

mine sweeper algorithm.

Explain main requirements satisfy by page replacement policy, List out the ...

List out the main requirements between page replacement policies which should be satisfied by a page replacement policy? The major requirements that should be satisfied

A subroutine can be terminated unconditionally using exit, A subroutine can...

A subroutine can be terminated unconditionally using EXIT. True.

Distributed workstation cluster, A distributed workstation cluster must be ...

A distributed workstation cluster must be viewed like single computing resource and not as a group of particular workstations'. Details of cluster were: 150MHz R4400 workstatio

Connectives in first-order logic sentences, Connectives in first-order logi...

Connectives in first-order logic sentences - Artificial intelligence We may string predicates together into a sentence in the same way by utilising connectives that we did for

Explain sample instruction format of mips instruction, Q. Explain Sample In...

Q. Explain Sample Instruction Format of MIPS instruction? All MIPS instructions are of same size and are 32 bits long. MIPS designers chose to keep all instructions of same len

Why stored program control gains superiority over hard wired, In what way i...

In what way is stored program control superior to hard wired control? The SPC gains superiority over hard wired because of following points: SP C Ha

Explain about multidimensional features present in olap, Multidimensional s...

Multidimensional support is very necessary if we are to contain multiple hierarchies in our data analysis. Multidimensional feature permits a user to examine business and organizat

What are the central interfaces of the r/3 system, What are the central int...

What are the central interfaces of the R/3 system? There are three central interfaces:- Presentation Interface. Database Interface. Operating system Interface.

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages