What are the advantages offered by data mining, Computer Engineering

Assignment Help:

What are the advantages offered by data mining?

Advantages offered through Data Mining are given below:

a) Facilitates discovery of knowledge through massive, large data sets.

b) Can be used in various application areas through as Fraud detection, market analysis, risk assessment and customer segmentation.

c) Technique to develop effectual CRM applications.

d) Returns best results when used within data warehouse environment.

e) Used extensively within telecommunications, banking- retail and finance industry.


Related Discussions:- What are the advantages offered by data mining

Explain the term granularity, Granularity In 'Parallel computing', Gran...

Granularity In 'Parallel computing', Granularity can be defined as a qualitative assess of the ratio of computation to communication. 1) Coarse Granularity - relatively hug

Forward checking - artificial intelligence, Forward checking: Whether ...

Forward checking: Whether to add some sophistication to the search method there constraint solvers use a technique called as forward checking. So here the general idea is to w

Determine the output of an even parity generator, When the set of input dat...

When the set of input data to an even parity generator is 0111, the output will be ? Ans. Into even parity generator if number of one is odd then output will be 0.

Asp and asp.net apps run at the same time on the same server, How would ASP...

How would ASP and ASP.NET apps run at the same time on the same server? Both ASP and ASP.net can be run at similar server, becuase IIS has the capability to respond/serve both

Disadvantages of pipeline - computer architecture, Disadvantages of pipelin...

Disadvantages of pipeline: Pipeline architecture has 2 major disadvantages.  First is its complexity and second is the inability to constantly run the pipeline at full speed,

Logical functions, Logical functions   We have discussed the If, 'While...

Logical functions   We have discussed the If, 'While and For' Statements, and have used expressions within our syntax i.e.           If ( expression)           Statement 1;

IEEE802, 1. (a) Given a baseband bus with station 1 located at 10m, station...

1. (a) Given a baseband bus with station 1 located at 10m, station 2 located at 1000m, and station 3 located at 1010 meters (see diagram above). If the data rate of the bus is 10 M

How to insert script in dreamweaver, Q. How to insert script in dreamweaver...

Q. How to insert script in dreamweaver? Step 1: Click on Insert Step 2: Click on Script Step 3: Choose the type of Script Step 4: Write the code in "Content" Step 5: T

State about the data glove, State about the Data Glove  Data glove is u...

State about the Data Glove  Data glove is used to grasp a "virtual" object. The glove is constructed with a series of sensors that detect hand and finger motions. Electromagnet

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd