Establishing a center of excellence for data mining
Essay specific features
September 18, 2013
No of pages / words:
15 / 4032
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It is the role of data mining technologies arising from many discipline areas to convert that data into information and knowledge. It is our premise therefore that data mining technologies lie at the heart of the information revolution providing the mechanism for creating information and knowledge.
These we contend are the commodities that increasingly are driving regional, national and global economies...
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Data set size and complexity are usually key parameters in data mining. Data quality and algorithmic complexity are concomitants that impact upon the success of data mining efforts.
Conventional methods are usually quite successful with tiny or small data sets. Analysis in these regimes usually focuses on statistical optimality, extracting maximal information from each observation...
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