Data Minning

Essay specific features

 

Issue:

Business

 

Written by:

Barbara A

 

Date added:

July 31, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2014

 

Was viewed:

1740 times

 

Rating of current essay:

 
Essay content:

The automated, prospective analyses offered by data mining move beyond the analyses of past events provided by retrospective tools typical of decision support systems. Data mining tools can answer business questions that traditionally were too time consuming to resolve. They scour databases for hidden patterns, finding predictive information that experts may miss because it lies outside their expectations...
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They scour databases for hidden patterns, finding predictive information that experts may miss because it lies outside their expectations. Most companies already collect and refine massive quantities of data. Data mining techniques can be implemented rapidly on existing software and hardware platforms to enhance the value of existing information resources, and can be integrated with new products and systems as they are brought on-line...
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