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 process of inter-register signalling, Explain the process of in...

Explain the process of inter-register signalling. Registers are utilized in common control exchanges to store and analyze routing data. They are given on a common basis is a

Purpose of storage - computer architecture, Purpose of storage: Several...

Purpose of storage: Several different forms of storage, based on different natural phenomena, have been invented.  So far, no practical universal storage medium persists, and a

What is stack pointer, Stack pointer is a particular purpose 16-bit registe...

Stack pointer is a particular purpose 16-bit register in the Microprocessor, which grasp the address of the top of the stack.

Explain working of jaz drive, Q. Explain working of Jaz Drive? Jaz Dri...

Q. Explain working of Jaz Drive? Jaz Drive: Jaz drive is a well-liked drive with 2GB and unleashes creativity of professionals in graphic design and software development, pub

Define a variant of top-down parsing without backtracking, A parser which i...

A parser which is a variant of top-down parsing without backtracking is? Ans. Recursive Descend is a variant of top-down parsing without backtracking.

Explain about programmer visible registers, Q. Explain about Programmer Vis...

Q. Explain about Programmer Visible Registers? Programmer Visible Registers: These registers can be employed by machine or assembly language programmers to minimize reference

Define a socket, Define a socket? An application program interface give...

Define a socket? An application program interface gives the details of how can an application program interacts along with protocol software. But socket API is a defacto standa

Full adder, design a FULL adder with two half adders and an or gate

design a FULL adder with two half adders and an or gate

What is collation, What is Collation Collation refers to a set of rules...

What is Collation Collation refers to a set of rules that verify how data is sorted and compared. Character data is sorted using rules that explain  the correct character se

What is model view controller (mvc), Model-View-Controller (MVC) is a desig...

Model-View-Controller (MVC) is a design pattern in which "the user input, the modelling of the external world and the visual feedback to the user are explicitly splitted and handle

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