What is predictive modelling, Database Management System

Assignment Help:

Problem:

(a) Data mining is one of the best ways to analyse data and using software techniques, hidden and unexpected patterns and relationships in sets of data can be extracted.

(i) What is Predictive Modelling and describe the two techniques associated with this model.

(ii) Describe link analysis and the three specializations of link analysis.

(iii) Data mining being relatively a new technology, what advantages would a Commercial Bank achieved for implementing such a technique. Provide relevant Examples.

(iv) To better exploit data mining what are the pre-requisites for a data warehouse.


Related Discussions:- What is predictive modelling

School portal design and development, Project Description: This is going...

Project Description: This is going to be a School portal to handle each activities in school such as, School fees payment, online registration and every other payment, course re

Operator precedence-data manipulation language, Operator Precedence The...

Operator Precedence The basic operators used in SQL are * /   - + Operators of the similar priority are evaluated From Left to right Parentheses are used to force priorit

Explain the equijoin, Explain the θ-join and equijoin Refer tables Car ...

Explain the θ-join and equijoin Refer tables Car and Boat which list models of cars and boats and their relevant prices. Assume a customer wants to buy a car and a boat, but sh

What are the two main goals of parallelism, What are the two main goals of ...

What are the two main goals of parallelism? Load -balance multiple small accesses, so that the  throughput of such accesses enhances. Parallelize large accesses so that the res

Explain the timestamp ordering protocol, Timestamp Ordering Protocol A ...

Timestamp Ordering Protocol A timestamp is a tag that can be attached to any transaction or any data item, which indicates a specific time on which the transaction or data item

Evaluate the null hypothesis, 1.Suppose you are given a dataset that consis...

1.Suppose you are given a dataset that consists of a random sample of tasters, on which the following variables were obtained: (y) Zpref = taste preference for green beans store

Glory be, what does glory be mean

what does glory be mean

How to rearrange the execution order for efficiency, Rearrange the Executio...

Rearrange the Execution Order for Efficiency  Rearranging execution order for efficiency means executing such job that requires less execution time. By rearranging the object

Differentiate oo development from structured development., Differentiate OO...

Differentiate OO development from structured development. Structured approach of problem solving is based upon the idea of decomposition of system into subsystem. In this appro

What is the difference between primary key and a unique key, What's the dif...

What's the difference between a primary key and a unique key? Both primary key and unique key enforces uniqueness of the column on which they are explained. But by default prim

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