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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.
Fitness function - canonical genetic algorithm: Conversely the fitness function will use an evaluation function to calculate a value of worth for the individual accordingly th
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Question: (a) List five main characteristics of ‘Prototyping'. (b) Describe briefly why ‘Prototyping' is essential to Rapid Application Development. (c) Describe the 2 t
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