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

Conversion of decimal number 82.67 to its binary equivalent, Conversion of ...

Conversion of Decimal number 82.67 to its Binary Equivalent Ans. Firstly see the integer part 82 and determine its binary equivalent  as The Binary equivalent is (101001

Give the syntax of if-else statement, Give the syntax of "if-else" and "sw...

Give the syntax of "if-else" and "switch" statements and explain. if else This is used to decide whether to do something at a special point, or to decide between two courses

Variables and quantifiers - first-order logic, Variables and Quantifiers: ...

Variables and Quantifiers: Now we have to diagnose now that if we wanted to say that there is a meal at the Red Lion which costs only 3 pounds, is well sayed. Rather thenif we

What is class and class diagram, What is class, class diagram? An objec...

What is class, class diagram? An object is an instance of a class. Class explains a group of objects with similar properties (attributes), behaviour (operations), kinds of rela

C language, Smugglers are becoming very smart day by day. Now they have dev...

Smugglers are becoming very smart day by day. Now they have developed a new technique of sending their messages from one smuggler to another. In their new technology, they are send

What is EDO RAM, What is EDO RAM A minor modification to the structure ...

What is EDO RAM A minor modification to the structure of the DRAM changes the device into an EDO (extended data output) DRAM device. In EDO memory, any memory access, including

Steps uesd in quine mckluskey method, Q. Steps uesd in quine mckluskey meth...

Q. Steps uesd in quine mckluskey method? Step I: Build a table in that every term of expression is represented in row (Expression must be in SOP form). Terms can be expres

Draw the circuit of A/D converter using a V/F converter, Draw the schematic...

Draw the schematic circuit of an Analog to Digital converter using Voltage-to Frequency conversion and explain its principle of operation. Draw its relevant Waveforms. Ans:

Why dynamic RAMs require refreshing, Explain briefly, why dynamic RAMs requ...

Explain briefly, why dynamic RAMs require refreshing? Ans: Due to the charge's natural tendency to distribute itself in a lower energy-state configuration that is, the charg

Automatic stock control system in a supermarket, Automatic Stock Control Sy...

Automatic Stock Control System in a Supermarket -  Bar codes are associated to all goods/items sold by the supermarket as a means of identification -  Every bar code is asso

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