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

Find 9''s complement for decimal number, Q. Find 9's complement for decimal...

Q. Find 9's complement for decimal number? The 9's complement is achieved by subtracting every digit of number from 9 (the highest digit value). Let's assume that we want to si

Determine a sample rate required for telephone conversation, A sample rate ...

A sample rate of            is required for a good quality representation of telephone conversation. A sample rate of 50 times/second /mile of distance travelled are needed fo

Differentiate the latch and flip-flop, Differentiate the latch and flip-flo...

Differentiate the latch and flip-flop? The major difference between latch and FF is which latches is level sensitive whereas FF is edge sensitive. They both need the use of clo

What is reducibility, What is reducibility?  The primary method of prov...

What is reducibility?  The primary method of proving some problems are computationally unsolvable.       It is known as reducibility. Reducibility always includes two problems

Biscuit factory circuit, Biscuits move on a conveyer through an oven where ...

Biscuits move on a conveyer through an oven where they are cooked.   Two sensors, H and C, measure the temperature of the oven, H = 1 if the oven is too hot and C = 1 if the ove

Mutability and accessibility of primary memory, Mutability and Accessibilit...

Mutability and Accessibility of primary memory: Mutability: Read/write storage or mutable storage  It provides permit ion for the information to be overwritten at

Explain the general model for the translation process, Write down the gener...

Write down the general model for the translation process. For the translation process the general model can be represented as given here:

Logic diagrams for same boolean expression, Q. Logic diagrams for same Bool...

Q. Logic diagrams for same Boolean expression? The expression F can be simplified using Boolean algebra. The logic diagram of simplified expression is drawn in fig (b)

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