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

Graphics, what is bitmap and pixmap

what is bitmap and pixmap

The current image in gimp, How do we merge an image from a file to the curr...

How do we merge an image from a file to the current image in GIMP? Ans) Use "File then Open as Layers" menu command or just take the file to a window and drop it there. The file w

Why must a modem be used to transmit binary data, Why must a modem be used ...

Why must a modem be used to transmit binary data through a PSTN? (1) Use sketches and additional text to describe the following modulation methods. (a) Amplitude shift keying (b) F

What are the functions of dispatcher, What are the functions of dispatcher?...

What are the functions of dispatcher? There are four fuctions of dispatcher:- A)  Equal distribution of transaction load to the work processes.  B) Management of buffer a

Explain various fields in ipv6 base header, Explain various fields in IPV6 ...

Explain various fields in IPV6 base header? Although IPv6 base header is double as large as an IPv4 header, this contains less information. Given diagram demonstrates the forma

Principles of logic circuits, A logic gate is an electronic circuit that ge...

A logic gate is an electronic circuit that generates a typical output signal which depends on its input signal. Output signal of a gate is a general boolean operation of its input

Explain loop level of parallel processing, Loop Level At this stage, fo...

Loop Level At this stage, following loop iterations are candidates for parallel execution. Though, data dependencies among subsequent iterations can restrict parallel execution

How sensors uses in real time process control, How sensors uses in real tim...

How sensors uses in real time process control Sensors send data (through an analogue to digital converter - ADC) to a microprocessor or computer that decides whether or not to

What is SSTF, SSTF stands for ? Ans. Shortest-Seek-time-first scheduli...

SSTF stands for ? Ans. Shortest-Seek-time-first scheduling.

What is computer, WHAT IS COMPUTER? Computer is termed in the Oxford di...

WHAT IS COMPUTER? Computer is termed in the Oxford dictionary as "An automatic electronic apparatus for making controlling operations or calculations    which are expressible i

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