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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.
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Businesses are interested in AI because of the characteristics it offers that no other systems type offers. That is AI ability to: a. Preserve Intelligence and Knowledge: C
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