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

Define single valued and multivalued attributes, Define single valued and m...

Define single valued and multivalued attributes. Single valued attributes: attributes with a single value for a particular entity are known as single valued attributes. Mult

Insert statement reverses storage space and transfers value, A field-groups...

A field-groups statement or an insert statement reverses storage space and transfers values. False.

Determine the operation that do not participate to be union, 1. Which relat...

1. Which relational algebra operations do not need the participating tables to be union-compatible? Ans: Join is the relational algebra operations that do not need the particip

What do you mean by atomicity and aggregation, What do you mean by atomicit...

What do you mean by atomicity and aggregation? Atomicity : Either all actions are carried out or none are. Users should not have to worry about the effect of incomplete trans

Briefly explain the state diagram by taking one example, Briefly explain th...

Briefly explain the state diagram by taking one example. State Diagram - An object can be given a sequence of input instructions. The state of the object can vary depending u

Normalise data to third normal form, A software contract and consultancy fi...

A software contract and consultancy firm maintains details of all the various projects in which its employees are currently involved. These details comprise: Employee Numbe

What is difference between truncate and delete, What is difference between ...

What is difference between TRUNCATE and DELETE? - Truncate can't be rolled back whereas Delete can be. - Truncate keeps the lock on table whereas Delete keeps the lock on ea

advantages of database over file system, Q.   Why would you choose a datab...

Q.   Why would you choose a database system instead of simply storing data in operating system file? Define  at a base concept in details. Sol. Advantages of Database over Fil

Data analyzing and desing, Critically explained the benefits and limit...

Critically explained the benefits and limitations of different database technologies with proper examples

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