Define data mining. Why are there many names and definitions for data mining? What are the main reasons for the recent popularity of data mining? Discuss what an organization should consider before making a decision to purchase data mining software. Distinguish data mining from other analytical tools and techniques. Discuss the main data mining methods. What are the fundamental differences among them? What are the main data mining application areas? Discuss the commonalities of these areas that make them a prospect for data mining studies. Why do we need a standardized data mining process? What are the most commonly used data mining processes? Are data mining processes a mere sequential set of activities? Explain.