DATA MINNING

Data MinningIn today's business world, information about the customer is a necessity for a businesses trying to maximize its profits. A new, and important, tool in gaining this knowledge is Data Mining. Data Mining is a set of automated procedures used to find previously unknown patterns and relationships in data. These patterns and relationships, once extracted, can be used to make valid predictions about the behavior of the customer.Data Mining is generally used for four main tasks: (1) to improve the process of making new customers and retaining customers; (2) to reduce fraud; (3) to identify internal wastefulness and deal with that wastefulness in operations, and (4) to chart unexplored areas of the internet (Cavoukian). The fulfillment of these tasks can be enhanced if appropriate data has been collected and if that data is stored in a data warehouse. According to Stanford University, "A Data Warehouse is a repository of integrated information, available for queries and analysis. Data and information are extracted from heterogeneous sources as they are generated....This makes it much easier and more efficient to run queries over data that originally came from different sources." When data about an organization's practices is easSome topics in this essay:Crows Corporation, Marketing Coordinator, Data Mining, Zurada Neural, Nuggets Nuggets, DataEngine DataEngine, SGI Combining, Data Warehouse, Datasage Datasage, Data Surveyor, data mining, neural networks, data surveyor, · predicting, · predicting probability, analysis ·, sas institute, process data, data warehouse, management ·, knowledge discovery, data mining process, data surveyor data, data mining tool, mining knowledge discovery,Join now to see the rest of the essay!Approximate Word count = 1674 Approximate Pages = 7 (250 words per page double spaced)Student Written Papers:Dat Minning319 wordsThe Economic Impact of AIDs in Africa2134 wordsLook at even more essays on Data MinningMore Technology EssaysJoin Now (Credit Card)Join Now (Online Check)Join Now (Phone 1-900) CUSTOMER SERVICESAcceptance EssaysArtsCustom PapersEnglishForeignHistoryMiscellaneousMoviesMusicNovelsPeoplePoliticsReligionScienceSportsTechnologyBook Notes