This website uses cookies to ensure you have the best experience. Learn more

Data Mining Essay

1317 words - 6 pages

Running Head: DATA MINING

Assignment 4: Data Mining
Submitted by:
Submitted to:
Course:

Introduction
Data Mining is also called as Knowledge Discovery in Databases (KDD). It is a powerful technology which has great potential in helping companies to focus on the most important information they have in their data base. Due to the increased use of technologies, interest in data mining has increased speedily. Data mining can be used to predict future behavior rather than focus on past events. This is done by focusing on existing information that may be stored in their data warehouse or information warehouse. Companies are now utilizing data mining techniques to assess their database for ...view middle of the document...

Than based on these assumptions the owner may keep full stock of liquor in order to make sure both of them are sold at full price and apply various other schemes to improvise the business. Good results of data mining are based on two important factors; Size of the data, if large data is processed in the database than the result will be more accurate and Query complexity, the system will be more powerful if the queries will be greater in number and more complex (Data Mining, 2011).
Web mining to discover business intelligence from Web customers
Web mining is helpful for analyzing the patterns of data through content mining, structure mining, and usage mining. Web mining cannot function on its own. The data which is gathered through web mining is further categorized by a process called clustering. Further output is accessed by data mining and future by the users. In this process users web history records are extracted. The biggest advantage of this technology is in the field of e-commerce. With the help of this, companies can establish better customer relationship by giving them exactly what they need and can find, attract and retain customers (Data Mining, 2011).
Clustering to find related customer information
Clustering is the second phase of Web mining. In this process data objects that are similar to each other in some or the other way are found. The aim of this analysis is to form quality clusters such that the inter cluster similarity is low and the intra cluster similarity is high (Data Mining, 2011)
Reliability of the data mining algorithms
Although data mining is very effective and appreciated tool but it lacks in terms of reliability. It can be easily misused and can also unintentionally give outputs which seem to be very useful but which do not predict future behavior. Data mining model is reliable only if it generates the same type of estimates or finds the same general kinds of patterns despite of the test data that is supplied. For example, model generated for the store that used the wrong accounting method will not simplify well to other stores, and therefore cannot be relied upon. In my opinion they can be trusted and predict the errors they are likely to produce but if handled carefully. We cannot rely on these algorithms up to fullest. (Claudio M. Rocco, 2011)
Privacy concerns rose by the collection of personal data for mining purposes. Three concerns raised by consumers.
The three concerns raised by consumers are:
* The first concern raise is the intrusion of the people in obtaining the information which affects the privacy of the people in collecting the data. Obtaining information for different purposes as a consequences it harm in many ways.
* Another concern is that few mining algorithms might utilize controversial issues which are not valid ethically like sex, race, religion, or sexual orientation to classified individuals and might cause an issue in legislation on the basis of anti-discrimination.
* This has...

Other Essays Like Data Mining

Walmart Data Warehousse Essay

921 words - 4 pages with many small data marts, its first being in IBM DB2 and the second in IBM VM/SQL. Eventually the Teradata system was introduced and enabled Walmart to manage all of the information into one database so they built a big data mart. The POS table at Walmart was 1.2 billion records. Within a six months of this, Walmart then decided to turn it into a data warehouse with several tables over 500 million rows. Data Mining Data mining software is one

Business Intelligence Essay

1373 words - 6 pages Introduction The dynamics of our society bring many challenges and opportunities to the business world. Within the last decade, hundreds of jobs have emerged particularly in the technology sector to help keep up with the ever-changing world and to compete on a larger and better scale than the competition. Two key job markets and the basis of this research paper are business intelligence or BI and data mining or DM. These two fields play a

Limestone Crushing Company in India

867 words - 4 pages and compare Abandoned mines thatUsed Stationary Crushers In France produce Crushed, Broken Limestone NEC by type, operational status, employment, location, and more. Data from the U.S. BOL. CGM Quarrying machines: complete crushing and screening CGM Mining case. CGM Mining quarry equipments includes primary crushing machines such as PE series jaw crusher, secondary crushing machines such as impact crusher Alibaba - Henan Xingyang Mining

Big Data and Data Analytics

988 words - 4 pages partitioned across multiple servers or nodes. 5. Search based applications: Search based applications are search engine platform is used to aggregate and classify data and use natural language technologies for accessing the data. 6. Data mining grids: Data mining grids are environment which uses grid computing concepts, which allows to integrate data from various online and remote data sources. 7. Distributed file systems: Distributed

Copper Extraction and Processing Line

633 words - 3 pages . PROCESSING GRACILARIA FOR THE EXTRACTION OF AGAR 2. PROCESSING GRACILARIA FOR THE EXTRACTION OF AGAR 2.1 Sample collection. 2.1.1 Have a notebook ready for recording the collection data. Record the … Oil and Soy Processing - Oil Expelling- Expeltec Plant ... Oil - Expeltec Plant Vegetable oil High Quality PE Stone Jaw Crusherand soybeans , Cold pressed Oil Expelling Plants, Soybean Processing, Other opportunities in oil processing. Département

Mobile Marble Crushing Process

630 words - 3 pages Zenith-Crusher,Jaw Crusher,Stone Crusher,Cone Crusher Zenith Jaw Crusher,Stone Crushing Plant,Stone Crusher.Zenith is a professional manufacturer of Crusher, Grinding mill, Stone crusher,Mobile crusher,Rock Henan Zenith Mining Machinery Co., Ltd. (Dept. 1 Henan Zenith Mining Machinery Co., Ltd. (Dept. 1), Experts in Manufacturing and Exporting Crushing Equipment,Sand Washer and 9261 more Products. A Verified Zenith crusher machinery,industry

Review Questions 1-10

861 words - 4 pages represents Zero, or one. 5. What is data warehousing and data mining? Are the terms related? a. Data Mining and Data Warehousing are related in that Data Mining is performed in a Data Warehouse. What is a Data Warehouse, a collection of historical and or current data that may or may not be related, collected from one or many sources. Data Mining is the activity of extracting useful information from a Data Warehouse and determining useful

Mobile Phosphate Rock Crushing Machine

891 words - 4 pages - Wikipedia, the free encyclopedia P&H Mining Equipment designs, builds and supports a line of drilling and material handling machinery marketed under the "P&H" trademark and applied to minerals and OrePlus | Mining and Machinery Mobile Crushers on Rent We provide Mobile Crushers on Monthly Rental Basis for crushing in India . We provide e Data for Occupations Not Covered in Detail : Occupational Although employment for hundreds of

Mobile Pyrophyllite Crushing Process

945 words - 4 pages aggregate crushing plant,Coarse Aggregate Mills - XSM Want the best aggregate crushing plant you can find us ,if you need we will introduce to you in detail (mainly including aggregate crushing plant,Coarse Aggregate Mobile Crushing Plant - Mining Equipment,Mineral Sand Making Line. Shanghai Cathay manufactures various equipments for whole set of sand-making production line. Find Out More. Coal Crushing Line. The coal crusher crushing

Modular Project

4042 words - 17 pages documents below. If your school has a distance education program, your use may be governed by the TEACH Act, signed in 2002.  Clearly, if you want to publish something for profit, either in print or on the web, you must obtain permission.  In cases where there is doubt, be sure to use items under the creative commons license or seek permission from the copyright holder. DATA MINING Introduction : We are in an age often referred to as the

Silver Valley Mines

3087 words - 13 pages regularly. As we travel, we will learn through experience and be able to see for ourselves what was taken out of those mines and why those small towns are set through Interstate 90 in Idaho. I already know that Wallace, Idaho, was once a silver mining town. I also know the mining processes used at the time were subsurface mining and mountaintop/side removal, which are the two main methods used in the region. Wallace now is very small and still

Related Papers

Data Mining Essay

2361 words - 10 pages Data Mining Introduction to Management Information System 04-73-213 Section 5 Professor Mao March 22, 2011 Group 5: Carol DeBruyn, Jason Rekker, Matt Smith, Mike St. Denis Odette School of Business – The University of Windsor Table of Contents Table of Contents ……………………………………………………………...…….………….. ii Introduction ……………………………………………………………………………………… 1 Data Mining ……………………………………………………………………...……………… 1 Text Mining

Data Mining Essay

569 words - 3 pages Data Mining 1. Do you feel that data mining infringes on your privacy or is data mining a natural part of living in a technologically enabled, connected environment? You may include personal or professional examples or opinions here. I feel that data mining infringes on everyone’s privacy, but in most aspects that I am aware of it is a natural part of living in a technologically enabled, connected environment. For the most part, I feel people

What Is Data Mining? Essay

548 words - 3 pages What Is Data Mining? Data mining is the practice of automatically searching large stores of data to discover patterns and trends that go beyond simple analysis. Data mining uses sophisticated mathematical algorithms to segment the data and evaluate the probability of future events. Data mining is also known as Knowledge Discovery in Data (KDD). The key properties of data mining are: * Automatic discovery of patterns * Prediction of

Data Mining Research Essay

598 words - 3 pages One of this week’s chapters discusses Data Mining; the article I will focus on discusses a product created by Hampton Creek. The company created the Just Mayo product which is simply an egg-free version of mayo that hit stores nationwide within the past year. Hampton Creek is partially backed by one of the most famous financial entrepreneurs of the world, Bill Gates and was recently sued by a competitor, Unilever (Smith, 2014). Unilever is