Thursday, 6 March 2014

Data Mining

Data Mining

Data mining is a process of extracting hidden trends within a datawarehouse.
Example –An insurance datawarehouse can be used to mine data to identify the most high risk buildings to insure in a certain geographical area .
Data Mining also involves analyzing moderate to large amounts of detailed historical data to detect behavioral patterns that are then used to predict future behavior.

Using Data Mining, organization can able to find the answer of the questions like-Which customers are most likely to leave?

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