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

Develop a regular expression for integer & real number, Develop a regular e...

Develop a regular expression for (i) Integer (ii) Real number (i) A regular expression for integer is [+ | -] (d)+ (ii) A regular expression for real number is [+

Why do you create parameters, Parameters are like script variables. They ar...

Parameters are like script variables. They are used to vary input to the server and to imitate real users. Dissimilar sets of data are sent to the server every time the script is r

Case x and z difference which is preferable and why, Case x, z difference, ...

Case x, z difference, which is preferable, why? CASEZ : Special version of case statement that uses a Z logic value to signify don't-care bits. CASEX : Special

And-elimination rule, And-Elimination rule: In generally English says ...

And-Elimination rule: In generally English says that "if you know that lots of things are all true, so you know like any one of them is also true". Because you can specify a c

How the simulation is done - Weather simulation, How the simulation is done...

How the simulation is done - Information from the satellites/sensors sent to computer - This data is compared to information stored on files ..... - ..... Which contain kno

Common problem with hill climbing, Common problem with Hill climbing: ...

Common problem with Hill climbing: An alternative way of justifying the problem is that the states are boards with 8 queens already on them, so an action is a movement of one

Explain crossbar exchange with all call processing steps, Explain crossbar ...

Explain crossbar exchange, with all call processing steps and diagrams. The fundamental idea of crossbar switching is to give a matrix of n x m sets of contacts with only n + m

Give the example of first come first served scheduling, Consider the foll...

Consider the following set of jobs with their arrival times, execution time (in minutes), and deadlines. Job Ids Ar r ival Time E

Explain conditions under which a deadlock situation arise, What are conditi...

What are conditions under which a deadlock situation may arise? A deadlock situation can arise if the following four conditions hold concurrently in a system: a. Mutual exc

Interpolation search, Interpolation Search The next task is to implemen...

Interpolation Search The next task is to implement a variable size decrease-and-conquer solution to search. See Levitin [2007] pp 190 for a detailed description of the interpol

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages