Why is data mining important?
Question:
Why is data mining important?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Data and text mining are used to discover knowledge that you did not know existed in the database...View the full answer
Answered By
John Aketch
I have a 10 years tutoring experience and I have helped thousands of students to accomplish their educational endeavors globally. What interests me most is when I see my students being succeeding in their classwork. I am confident that I will bring a great change to thins organization if granted the opportunity. Thanks
5.00+
8+ Reviews
18+ Question Solved
Related Book For
Information Technology for Management Digital Strategies for Insight Action and Sustainable Performa
ISBN: 978-1118994290
10th edition
Authors: Efraim Turban, Carol Pollard, Gregory Wood
Question Posted:
Students also viewed these Business questions
-
What is data mining? What are some popular data mining tools available in market? Why is data mining so important and crucial to E-commerce companies? How does Amazon use data mining applications and...
-
Is data mining possible without a data warehouse? Why or why not?
-
Data mining helps mainly in four ways: sequence analysis, classification, clustering, and forecasting. Data mining helps determine whether a person has committed fraud. Which of the four types of...
-
Lopez Company uses a job order cost accounting system that charges overhead to jobs on the basis of direct material cost. At year-end, the Goods in Process Inventory account shows the following. 1....
-
Produce a written report which discuss about how would approach training the new technical Mobile Division management team and communicating the new guidelines to existing employees.
-
Shown that (a) Eb/T5 = f(T). Also, for T = 5000 m K, calculate Eb/T5. GIVEN T = 5000 m K = 0.005 m K
-
What mechanisms are available to help provide stakeholders with an assurance that a company complies with environmental regulations?
-
Starbright Coffee Shop at the Galleria Mall serves two coffee blends it brews on a daily basis, Pomona and Coastal. Each is a blend of three high-quality coffees from Colombia, Kenya, and Indonesia....
-
IBM is considering a new expansion project and the finance staff has received information summarized below. The project requires IBM to purchase $500,000 of equipment in 2013 (t=0). Account...
-
If A represents the event of randomly selecting one driver included in the table and getting someone who was using a seatbelt, what does A? represent? Find the value of P(A?). Use the data in the...
-
Why would a company invest in a data mart instead of a data warehouse?
-
What is an advantage of an active data warehouse (ADW)?
-
In note 4.6, AF indicates that "Both passenger and cargo tickets are recorded as "Deferred revenue on ticket sales" and that "Sales related to air transportation are recognized when the...
-
A 1500 kg car goes from 20.0 m/s to 8.33 m/s in 5.0 s. Calculate the acceleration and the force on the car? (i). (ii). How long does it take for the car to come to a complete stop
-
Charlotte Webb is visiting her sister Paula at her home in San Francisco, California. Because of the pandemic, Charlotte and Paula have not seen each other in over two years and the two make plans...
-
when Judy adds 1 . 0 kg of unknown liquid at a temperature of 2 5 \ deg c to 2 . 0 kg of water at a temperature of 4 5 \ deg c , the final temperature of the mixture is 4 0 \ deg c , assuming no loss...
-
What are the three component systems of the movie industry? Explain in details.
-
The following data have been extracted from the books of Alfa Ltd. Year 2019 2020 Sales Rs. 5,00,000 7,50,000 Profit Rs. (Loss) (25,000) 1,00,000 You are required to calculate: (i) P/V Ratio (ii)...
-
True or False The graph of a rational function may intersect a horizontal asymptote.
-
H.J. Heinzs annual dividends were as follows: 1990 ..............$0.540 1991.............. 0.620 1992 .............. 0.700 1993.............. 0.780 1994 .............. 0.860 1995 .............. 0.940...
-
Distinguish between one-price and flexible-price policies. Which is most appropriate for a hardware store? Why?
-
What pricing objective( s ) is a skimming pricing policy most likely implementing? Is the same true for a penetration pricing policy? Which policy is probably most appropriate for each of the fo...
-
How would differences in exchange rates between different countries affect a firms decisions concerning the use of flexible-price policies in different foreign markets?
-
Both Oliver Food Corporation and Sara Food Corporation have debt with a beta of 0.1 and equity of a beta of 1.4.What is the beta of Oliver Food Corporation's asset if the corporation's debt is 45% of...
-
The Walker Shoe Company operates a chain of shoe stores. The stores sell 1 0 different styles of inexpensive men s shoes with identical unit costs and selling prices. A unit is defined as a pair of...
-
Review the Balance Sheet, Income Statement, and Statement of Cash Flow on Cocacola company . Usually, this information is located in Part II, Financial Statement and Supplementary Data. In your post,...
Study smarter with the SolutionInn App