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 structured and modular programming, Structured and Modular programm...

Structured and Modular programming. Structured programming means the collection of principles and practices that are directed toward developing correct programs which are simpl

Multiple instruction and multiple data stream (mimd), Multiple Instruction ...

Multiple Instruction and Multiple Data stream (MIMD): In this categorization, numerous processing elements and multiple control units are ordered as in MISD. However the differ

Explain the differences of casex and casez, Explain the differences of case...

Explain the differences of casex and casez over the case statement? casex operator has to be used when both high impedance value (z) and unknown (x) in any bit  has  to  be  t

Working of compact disk - computer architecture, Working of compact disk: ...

Working of compact disk: A CD is built from 1.2 mm thick, approximately all-pure polycarbonate plastic and its weighs is approximately 15-20 grams. From the core outward compo

How many flip-flops are required to construct mod 30 counter, How many flip...

How many flip-flops are required to construct mod 30 counter ? Ans. Mod - 30 counter +/- requires 5 Flip-Flop as 30 5 . Mod - N counter counts overall ' N ' number of state

Address - operand data types, Q. Address - operand data types? A...

Q. Address - operand data types? Addresses : Operands residing in memory are specified by their memory address while operands residing in registers are specified by a re

Give explanation of common channel signalling, Explain Common channel signa...

Explain Common channel signalling. Common channel signalling: Signaling systems connection the variety of transmission systems, switching systems and subscriber equipments, i

Explain the generic framework for electronic commerce, Explain the generic ...

Explain the generic framework for electronic commerce along with suitable diagram? Generic Framework for electronic commerce comprises the Applications of EC (as like banking,

What is bea weblogic?, Ans) BEA Web Logic is a J2EE application server and ...

Ans) BEA Web Logic is a J2EE application server and also an HTTP web server by BEA Systems of San Jose, California, for UNIX, Linux, Microsoft Windows, and other platforms. Web Log

How can data and instructions are put into the computers, Q. How can data a...

Q. How can data and instructions are put into the computers? The data and instructions to a computer are provided by external environment. It determines that input devices are

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