Question: Discuss the differences between descriptive methods of data mining and predictive methods of data mining.

Discuss the differences between descriptive methods of data mining and predictive methods of data mining.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Programming Questions!

Q:

What is big data? Question 7 options: Processes and manages algorithms across many machines in a computing environment. Focuses on forecasting future trends and producing insights using sophisticated...

Q:

What is distributed computing? 1) a collection of large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools 2)...

Q:

Predictive analytics is widely held to be the most actionable form of business intelligence. As IBM famously stated, if business can be considered a numbers game, predictive analytics is the way this...

Q:

MAN 3025 CASE: USE FOR CLASS PURPOSES ONLY IBM: Reinvention of a Tech Titan IBM is currently struggling through a rough patch. Rapid changes in the information technology sector have wreaked havoc on...

Q:

Describe and contrast the focus of data mining and predictive analytics. Give some examples. How does data mining work? Discuss the different phases in the data mining process.

Q:

Discuss the relationship between data warehousing and OLAP. Describe OLAP applications and identify the characteristics of such applications. What are the differences between OLAP tools and Data...

Q:

Question 1 Financial statements are prepared for a range of different business entities. 1. Identify the different entities financial statements can be prepared for. 2. Identify the different...

Q:

Question 1 Financial statements are prepared for a range of different business entities. 1. Identify the different entities financial statements can be prepared for. 2. Identify the different...

Q:

pter 21 567 are information (such as bed days, number of visits, payment amounts. that contains a list of no less than twelve numerical amounts. 9. Divide the list you have found into quartiles....

Q:

Business Research Methodology- Question Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

Q:

Hager Company sold some of its plant assets during 2016. The original cost of the plant assets was $750,000 and the accumulated depreciation at date of sale was $700,000. The proceeds from the sale...

Q:

What equipment do you need to convert an analogue map into a digital map?

Q:

Assessments that are aligned to standards that are assessed by the end-of-year accountability tests, given every 6 to 9 weeks

Q:

Through November, Cameron has received gross income of $57,500. For December, Cameron is considering whether to accept one more work engagement for the year. Engagement 1 will generate $7,850 of...