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 the term recursion, Explain the term recursion A recursive functi...

Explain the term recursion A recursive function is one which calls itself. Recursive functions are useful in evaluating certain types of mathematical function. Here is a recursiv

Explain latex in matlab, Matlab already handles naturally easy LaTeX encodi...

Matlab already handles naturally easy LaTeX encodings that permit introducing Greek lettters or modifying the font size and appearance in plots.

Explain about olap, OLAP is called as online analytical processing which gi...

OLAP is called as online analytical processing which gives answers to queries which are multi dimensional in nature. It composes relational reporting and data mining for giving sol

Depth buffer algorithm, explain depth buffer algorithm and its application?...

explain depth buffer algorithm and its application?

Derive the expression of traffic capacity, Traffic Capacity is given by? ...

Traffic Capacity is given by? Traffic Capacity = Switching capacity × Theoretical maximum load.

Explain about the biometrics, Explain about the Biometrics This inclu...

Explain about the Biometrics This includes obtaining data and identifying characteristics automatically in security systems e.g. use of palm prints, finger prints, facial ima

Name the processes of oom, Name the processes of OOM In OOM the modelli...

Name the processes of OOM In OOM the modelling passes through the given processes: System Analysis System Design Object Design, and Final Implementation.

Work systems framework - information system, The Work Systems Framework - I...

The Work Systems Framework - Information System Adler writing in 1992 used the phrase 'stumbling backwards into the future' to describe the neglect organisations at that time

Write the html code to webpage to insert scrollable lists, Write the HTML c...

Write the HTML code to accomplish the web page to insert scrollable lists that will always display four entries of the list. The HTML code to accomplish the web page is given b

Recursive procedures are implemented, Recursive procedures are implemented ...

Recursive procedures are implemented by using Recursive procedures are executed by using stacks due to stacks are LIFO data structure and we require this feature to store retur

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages