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

What are the benefits of using asp.net routing, In an ASP.NET web applicati...

In an ASP.NET web application that does not build use of routing, an incoming browser request should map to a physical file. If the file does not exist, we get page not found error

Why does microprocessor contain rom chips?, Microprocessor have ROM chip be...

Microprocessor have ROM chip because it have instructions to implement data. It have the monitor program which not only include implementation instruction but also interfacing

Which processing is not a part of synthesis phase, Which processing is no...

Which processing is not a part of Synthesis phase? Ans. Perform LC processing is not a part of Synthesis phase.

State the types of common toes deformities a, Common toes deformities are: ...

Common toes deformities are: 1. Hallux valgus: Deviation of great toe towards the second toe resulting in prominence of first metatarsal head.  Later on there is formation of

Cache-only memory access model (coma), Cache-Only Memory Access Model (COMA...

Cache-Only Memory Access Model (COMA) As we have discussed previous, shared memory multiprocessor systems may use cache memories with each processor for deducting the execution

What are the two ways in which the system using cache, What are the two way...

What are the two ways in which the system using cache can proceed for a write operation? Write by protocol technique Write-back or Copy-back protocol method

What are benefits and advantages of linq, Benefits and benefits of LINQ are...

Benefits and benefits of LINQ are: 1. Makes it simpler to transform data into objects. 2. A common syntax for all data. 3. Strongly typed code. 4. Provider integration.

Define the types programmable logic devices?, Define the types Programmable...

Define the types Programmable logic devices? There are mostly three types PLDs. These are vary in the placement of fuses in the AND- OR array. 1. ROM- It has fixed AND array

Determine about selective set- logic micro operations, Selective set Th...

Selective set The selective-set operation sets to 1 bits in register A where there can corresponding 1's  in  register  B.  It  does  not  affect  bit  positions  which  have

Explain time slot interchange, Discuss the basic structure and principle of...

Discuss the basic structure and principle of operation of Time Slot Interchange (TSI) switch with the help of a neat diagram. Principle of time slot interchange  Time

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