What are the advantages offered by data mining, Computer Engineering

Assignment Help:

What are the advantages offered by data mining?

Advantages offered through Data Mining are given below:

a) Facilitates discovery of knowledge through massive, large data sets.

b) Can be used in various application areas through as Fraud detection, market analysis, risk assessment and customer segmentation.

c) Technique to develop effectual CRM applications.

d) Returns best results when used within data warehouse environment.

e) Used extensively within telecommunications, banking- retail and finance industry.


Related Discussions:- What are the advantages offered by data mining

What is priority interrupt, What is Priority interrupt. It is a system ...

What is Priority interrupt. It is a system that establishes a priority over the several resources to determined which condition are to be serviced first when two or more reques

Define flowchart, Define Flowchart. A  process  of  expressing  an  alg...

Define Flowchart. A  process  of  expressing  an  algorithm  by  a  collection  of  linked  geometric  shapes   containing explanations of the algorithm's steps.

Design a 32:1 multiplexer, Design a 32:1 multiplexer using two 16:1 multipl...

Design a 32:1 multiplexer using two 16:1 multiplexers and a 2:1 multiplexer Ans. Design a 32 X 1 MUX by using two 16 X 1 MUX and one 2 X 1. Now here total 32 input lines

Error detection mechanism must be in-built, Error detection mechanism may i...

Error detection mechanism may include checking mechanical and data communication errors. These errors must be reported to processor. The illustrations of kind of mechanical errors

Using the memory map design an absolute decoding circuit, Using the memory ...

Using the memory map below; design an absolute decoding circuit.   The technique is to spot the differences between the start and stop of each device. The Ram chip has the follow

Hiring problem algorithm, Consider the Hire Assistant problem. We interview...

Consider the Hire Assistant problem. We interview n candidates and always hire the best qualified so far. Let n = 5 for our example. Find the probabilities that we hire exactly 1 t

Explain cell spacing and cell padding, Q. Explain Cell Spacing and Cell Pad...

Q. Explain Cell Spacing and Cell Padding? Couple of attributes known as CELLSPACING and CELLPADDING. Both are part of tag. CELLPADDING is the amount of space between

What is parsing, a. Define parsing? Give difference among top down parsing ...

a. Define parsing? Give difference among top down parsing and bottom up parsing. b. Determine the self-relocating programs? Why self-relocating programs are less efficient then

Explain types of micro-instructions, Q. Explain types of Micro-instructions...

Q. Explain types of Micro-instructions? In general micro-instruction can be classifiedin two general kinds. These are non-branching and branching. After execution of a non-bran

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