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 about server synchronization, Q. Explain about Server synchronizati...

Q. Explain about Server synchronization? Server synchronization: It updates atom by server process of requesting process. In this method an atom acts as a unique update server.

What is oo development, What is OO Development? OO development is a way...

What is OO Development? OO development is a way of thinking about software based on abstractions that exist in the actual world. Development refers to software lifecycle, desig

Explain COMS inverter, Explain CMOS Inverter with the help of a neat circui...

Explain CMOS Inverter with the help of a neat circuit diagram. Ans: CMOS Inverter: The fundamental CMOS logic circuit is an inverter demonstrated in Fig.(a). For above

Units of artificial neural networks, Units of artificial neural networks: ...

Units of artificial neural networks: However the input units simply output the value that was input to them from the example to be propagated. So every other unit in a network

Write SOP& POS form of a combinational circuit, A combinational circuit has...

A combinational circuit has 3 inputs A, B, C and output F.  F is true for following input combinations A is False, B is True A is False, C is True A, B, C are

Name various work processes of r/3 system, Name various work processes of R...

Name various work processes of R/3 system? A) Dialog or Online (processes only one request at a time). B) Background (Started at a specific time) C) Update (primary or se

Seven segment decoder, A design for the seven segment decoder is required. ...

A design for the seven segment decoder is required. The decoder has four inputs which represent a number from 0 to 9 in binary and seven outputs which are connected to the seven

Multiple instruction and single data stream (misd), Multiple Instruction an...

Multiple Instruction and Single Data stream (MISD) In this association, multiple processing elements are structured under the control of multiple control units. Each control un

Summary of tasks, Summary of Tasks The Task Summary tries to shows the ...

Summary of Tasks The Task Summary tries to shows the amount of duration each task has spent starting from initialization of the task till its completion on any processor as d

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