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

What is matrix addressing mode, What is Matrix Addressing Mode. Ans. M...

What is Matrix Addressing Mode. Ans. Matrix Addressing Mode: The arrangement which needs the fewest address lines is a square array of n rows and n columns for a whole memory

Develop a system to store change logs , The ?rst task in the project is to ...

The ?rst task in the project is to develop a sane system to store change logs and versions of ?les. The simplest approach is to create a "dot" directory in the location of the ?le

State the optimal route of node, State the optimal route of node Consid...

State the optimal route of node Consider the node i which has path length K+1, with the directly preceding node on the path being j. The distance to node i is w(j, i) plus the

Instruction set architecture - assembly language, Instruction Set Architect...

Instruction Set Architecture (ISA): The Instruction Set Architecture (ISA) is the part of the processor which is noticeable to the compiler writer or programmer. The ISA serve

Ellipse follows the perimeter of the window, A) Execute a program where an ...

A) Execute a program where an ellipse follows the perimeter of the window. B)  Execute a program that can draw graphs, possibly following your plan from last week. Have it graph

What do you mean by shared memory, Q. What do you mean by Shared Memory? ...

Q. What do you mean by Shared Memory? In shared memory scheme more focus is on controlling parallelism instead of data parallelism. In this model numerous processes run indepen

Systems analyst in modern business, Many medium-to-large information servic...

Many medium-to-large information services units for modern business have reorganized to be decentralized with an emphasis on dynamic teams andempowerment. In modern business system

The six various application of stack, The six several application of stack ...

The six several application of stack in computer application is: 1.  Conversion of infix to postfix notation and vice versa. 2.  Evaluation of arithmetic expression. 3.

Main drawbacks of cd-roms, Q. Main drawbacks of CD-ROMs? The main drawb...

Q. Main drawbacks of CD-ROMs? The main drawbacks of CD-ROMs are: It is read only thus can't be updated Access time is longer than that of magnetic disks. Very

Aussie wine tours awt, Business Narrative Aussie Wine Tours (AWT) condu...

Business Narrative Aussie Wine Tours (AWT) conduct tours of the wineries of Victoria's Yarra Valley wine region. The tours take place on the last Sunday of each month. Currentl

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