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 hamiltonian path, What is Hamiltonian path?  A Hamiltonian path...

What is Hamiltonian path?  A Hamiltonian path in a directed graph G is a directed path that goes through every node exactly once. We consider a special case of this problem whe

Define functionality of application layer in tcp/ip protocol, Define the fu...

Define the functionality of application layer in TCP/IP protocol stack? Function of Application Layer: The top layer within the Internet reference model is the applicatio

Find the boolean expression for the logic circuit, Find the boolean express...

Find the boolean expression for the logic circuit shown below. Ans. Output of Gate-1 (NAND) = (AB)' Output of Gate-2 (NOR) = (A'+B)' Output of Gate-3 (NOR) = [(AB)' + (

Define a register, Define a register. Ans:  Register:   A register...

Define a register. Ans:  Register:   A register contain a group of flip-flops and gates which effect their transition. The flip flops hold the binary information and the g

Artificial intelligence software, Artificial Intelligence Software A...

Artificial Intelligence Software Artificial Intelligence (AI) software employs non numerical algorithms to resolve complex problems that are not amenable to computation or s

Give the example of spreadsheet, Give the example of Spreadsheet By sel...

Give the example of Spreadsheet By selecting cell C1 and dragging the formula down to C5 the below formulae will be replicated in C2 to C5: (A2*B2), (A3*B3), (A4*B4) and (A5*B5

Rational performance of an agent - artificial intelligence, Rational perfor...

Rational performance of an agent - artificial intelligence: To summarize, an agent takes input from its violence and affects that environment. The rational performance of an a

Explain an exceptional handling in java with an example, Explain an excepti...

Explain an exceptional handling in java with the help of suitable example. Java exception handling is managed through five keywords: catch, try, throw, finally and throws. Th

Linear model., what is linear model and its type

what is linear model and its type

Overflow or underflow for floating point numbers, In floating point numbers...

In floating point numbers when so you say that an overflow or underflow has occurred? Ans: A) In single precision numbers when an exponent is less than +127 then we say that

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