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

Index and tree structure, Index And Tree Structure Let us talk about th...

Index And Tree Structure Let us talk about the data structure that is used for creating indexes. Can we use Binary Search Tree (BST) as Indexes? Let us initial reconsider

What is boyce-code normal form, Boyce-Code Normal Form (BCNF) A relatio...

Boyce-Code Normal Form (BCNF) A relationship is said to be in BCNF if it is already in 3NF and the left hand side of each dependency is a candidate key. A relation who is in 3N

What are the drawbacks of file oriented system in details, What are the dr...

What are the drawbacks of File Oriented System in details?

Data fragmentation-use of partial data by applications, Use of partial data...

Use of partial data by applications : In common, applications work with views rather than whole relations. Thus, it may be more appropriate to work with subsets of relations rather

Functional dependencies, 1. Staff (staffID --> availabilityID) 2. Servic...

1. Staff (staffID --> availabilityID) 2. Services (servicesID --> itemBasedID --> timedBasedID) 3. TimedBased (timedbasedID--> priceid) 4. Clients (clientId, serviceId-->

Database incident table, The Incident table, with an auto-incrementing in...

The Incident table, with an auto-incrementing incident number, etc, looks like: incident_num reporter date time incide

What is called as an n-way merge, What is called as an N-way merge? The...

What is called as an N-way merge? The merge operation is a generalization of the two-way merge used by the standard in-memory sort-merge algorithm. It merges N runs, so it is k

Join operation, The JOIN operation is applied on two relations. When we wan...

The JOIN operation is applied on two relations. When we want to choose related tuples from two given relation join is used. The join operation need that both the joined relations m

What is called a query evaluation plan, What is called a query evaluation p...

What is called a query evaluation plan? A sequence of primitive operations that can be used to assess a query is a query evaluation plan or a query implementation plan.

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