Question: 1. What is data mining? Why are there many different names and definitions for data mining? 2. What are the major application areas for

1. What is data mining? Why are there many different names and definitions for data mining?

2. What are the major application areas for data mining? What are some specific applications of data mining and some common characteristics of these applications?

3. What would be your top five selection criteria for a data mining tool? Explain

4. How do you think the discussion between privacy and data mining will progress? Why?

5. What are the most common myths about data mining? What do you think are the reasons for these myths about data mining explain.

Respond to each question in detail and with great explanation.

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