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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