Tuesday, July 19, 2011
What is Data mining ?
Data mining is usually defined as searching, analyzing and sifting through large amounts of data to find relationships, patterns, or any significant statistical correlations. With the advent of computers, large databases and the internet, it is easier than ever to collect millions, billions and even trillions of pieces of data that can then be systematically analyzed to help look for relationships and to seek solutions to difficult problems. Besides governmental uses, many marketers use data mining to find strong consumer patterns and relationships. Large organizations and educational institutions also data mine to find significant correlations that can enhance our society.
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