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 in detail about the random scan display, Explain in detail about th...

Explain in detail about the Random Scan Display   This device using CRT directs the electron beam only to the parts of the screen where a picture is to be drawn. This kind of d

State about the three-dimensional digitizers, State about the Three-dimensi...

State about the Three-dimensional digitizers Three-dimensional digitizers use sonic or electromagnetic transmissions to record positions. One electromagnet transmission method

What is disadvantage of distributed systems, What is disadvantage of Dis...

What is disadvantage of Distributed systems? Ans. Reliability is disadvantage of Distributed system.

Describe the term- macros, Describe the term- Macros A macro is a key o...

Describe the term- Macros A macro is a key or name which signifies a series of commands or key strokes. Many applications allow single nominated key or single word on a keyboar

Explain advantages and disadvantages of macro pre-processor, What are the a...

What are the advantages and disadvantages of macro pre-processor? Advantages Any of existing conventional assembler can be improved in this way to incorporate macro proces

State the data flow diagramming conpects, State the data flow diagramming c...

State the data flow diagramming conpects The approach to data flow diagramming is as follows: Create a data flow diagram for each of major outputs of system Work ba

Function name or connective symbol, Function name or connective symbol: ...

Function name or connective symbol: Whether if we write op(x) to signify the symbol of the compound operator then predicate name and function name or connective symbol are the

Boiler troubles, Differences between internal and external treatment in boi...

Differences between internal and external treatment in boiler

Explain the term- cycle based simulator, Explain the term- Cycle Based Simu...

Explain the term- Cycle Based Simulator This is a Digital Logic Simulation method which eliminates unnecessary calculations to achieve huge performance gains in verifying Bool

What is preemptive and nonpreemptive scheduling, What is preemptive and non...

What is preemptive and nonpreemptive scheduling? Under nonpreemptive scheduling once the CPU has been allocated to a process, the process keeps the CPU unless it releases the C

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