Question: What is data mining? Identify three commonly used data mining techniques.

What is data mining? Identify three commonly used data mining techniques.

Step by Step Solution

★★★★★

3.42 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Data mining is a BI analytics tool used to explore large amounts of data ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

1594_6062c74cdeef7_670162.pdf

180 KBs PDF File

Word file Icon

1594_6062c74cdeef7_670162.docx

120 KBs Word File

Students Have Also Explored These Related Principles Information Systems Questions!

Q:

What is data mining? Discuss.

Q:

What is data mining? How do marketers use it?

Q:

What is data mining? How might it be used in logistics?

Q:

1. Provide a definition of business intelligence (BI). 2. Provide a definition of business analytics. 3. What is online analytical processing (OLAP), and how is it used? 4. What is linear regression?...

Q:

What is data mining? Identify three commonly used data mining techniques.

Q:

You and your friends would like to open a coffee shop in the University. The group would need to: (1) brainstorm to identify the many facets (customer demand for services, costs, competition and...

Q:

project The group would need to: (1) brainstorm to identify the many facets (customer demand for services, costs, competition and other factors) which need to be considered in this decision; (2)...

Q:

Hi there I need help answering ASSIGNMENT 1 ONLY by Friday afternoon. I have attached the study pack to help answer the question. Thanks! FIN4802 ASSIGNMENTS ASSIGNMENT 01 Due date: 13 May 2016...

Q:

summary for this article : key theme, major findings, and key implications Harvard Business Review REPRINT R1609C PUBLISHED IN HBR SEPTEMBER 2016 ARTICLE SPOTLIGHT ON CONSUMER INSIGHT The Elements of...

Q:

Question: read and give your opinion in one line about this article? Give some examples where data mining techniques are being used The extraction of knowledge from the data revolution led by the...

Q:

How much would you pay today to receive $15,000 in 8 years? Assume a 5% interest rate.

Q:

You are the management accountant of a manufacturing company, Tryson Industries, that heavily relies on suppliers for raw materials. Effective management of supplier costs, overall costs, and...

Q:

Willy made the following 7 transfers during the current year. What it the numerical total of Willy s taxable gifts for the current year? Disregard the annual exclusion. a . Transferred $ 8 0 0 , 0 0...

Q:

MO-7. What are ISO 9000 and Six Sigma?

Q:

What is the value of software? Give several examples of software you use at school or home.

Q:

Why is a database an important part of a computer-based information system?

Q:

What is the difference between e-commerce and m-commerce?

Q:

You just won the lottery! Do you select the lump sum payout or choose to receive amounts over time?

Q:

Based on the data contained in Table A, what is the break-even point in units produced and sold? TABLE A Average selling price per unit $18.00Variable cost per unit $13.00Units sold 400,000Fixed...

Q:

Part B: Calculate the value of these bonds: 1) 10-year bond, with $1000 principal, a coupon rate 9% and discount rate 12% 2) 5-year bond, with $1000 principal, a coupon rate 3.5% and discount rate...