Data Analysis Data Mining - 1398 Words

Introduction Coenen at the University of Liverpool defines data mining â€Å"as a set of mechanisms and techniques, realized in software, to extract hidden information from data [1]. Data mining ventures to make it easier for humans to make decisions by making data easier to manage and patterns easier to find. With more information, humans can make better business and financial decisions. The term was first written down in the 1980’s and has sense then become one of the fastest growing components of the computer science world. Data Architects make an average of $105,000 every year, entry-level positions starting at $75,000 a year, according to PayScale.com. These jobs and skills are in high demand and in large part there is still a lot to be explored in this area of research. And as technology proceeds to move forward, the amount of data grows, and more advanced tools are needed for it to be useful. History of Data Mining In its infancy, data mining was as limited as the hardware being used. Large amounts of data were difficult to analyze because the hardware simply could not handle it [1]. The term data mining first began appearing in the 1980 s largely within the research and computer science communities. In the 1990 s it was considered a subset of a process called Knowledge Discovery in Databases of KKD [1]. KKD analyzes data in the search for patterns that may not normally be recognized with the naked eye. Today however, data mining does not limit itself to databases,Show MoreRelatedData Analysis : Data Mining Essay1087 Words   |  5 PagesData, Data everywhere. It is a precious thing that will last longer than the systems. In this challenging world, there is a high demand to work efficiently without risk of losing any tiny information which might be very important in future. Hence there is need to create large volumes of data which needs to be stored and explored for future analysis. I am alway s fascinated to know how this large amount of data is handled, stored in databases and manipulated to extract useful information. A raw dataRead MoreData Analysis And Data Mining Essay1050 Words   |  5 Pages â€Æ' Executive Summary This report is divided into three task in context to data analysis and data mining. The first task consist of rapid miner and it uses data analysis in order to get the details of the customer. The first part explains the factors effecting the deliquesces. This analysis helps in understanding the data of customer. After all this analysis is done then exploratory analysis is done this is done using rapid miner. This variable are used for making decision tree and logistic regressionRead MoreData Analysis And Data Mining802 Words   |  4 Pagesamounts of data being generated each year make getting useful information from that data more and more critical. The information frequently is stored in a data warehouse, a repository of data gathered from various sources, including corporate databases, summarized information from internal systems, and data from external sources. Analysis of the data includes simple query and reporting, statistical analysis, more complex multidimensional analysis , and data mining. Data analysis and data mining are a subsetRead MoreData Analysis : Data Mining1567 Words   |  7 PagesIntroduction Data, Data everywhere. It is a precious thing that will last longer than the systems. In this challenging world, there is a high demand to work efficiently without risk of losing any tiny information which might be very important in future. Hence there is need to create large volumes of data which needs to be stored and explored for future analysis. I am always fascinated to know how this large amount of data is handled, stored in databases and manipulated to extract useful informationRead MoreAnalysis Of Big Data, Data Mining, And Data Analytics Essay1080 Words   |  5 Pagesto get the most accurate consumer data to create advertising and marketing plans. Today marketing is more personalized, immediate, and accurate than it ever has been before. The gathering and organizing of this data into useful insights is something that has interested me for quite some time. After I earn my degree, I would love to work for a company helping analyze and sort their market data either throu gh consulting or in house work. Taking thousands of data bits to find patterns in consumerRead MoreVisualization Analysis On Data Mining1476 Words   |  6 Pages 1 ABSTARCT Visualization in data mining is a new methodology for exploring and analyzing a huge data sets, data visualization techniques and joining traditional data mining strategies. It is used for large amounts of data sets and information. Visualization of model-fitting, data and results play a very important role, but vast data sets are distinctive and new techniques of a data display needed for managing and dealing with large data sets. With the help of this paper to learn theRead MoreComparative Analysis Of Data Mining Tools1685 Words   |  7 Pages Comparative Analysis of Data Mining Tools Research Paper 11/16/2015 Dr. Kweku-Muata Osei-Bryson 1. Executive Summary This research paper is about the Comparative analysis of three data mining software’s selected based on four important criteria Performance, Functionality, Usability and Ancillary Tasks support. â€Å"Data Mining is a field of study that is gaining importance and is used to explore data in search of patterns or relationships between variables and is applied to new data used for predictions†Read MoreThe Time-consuming Task of Preparing a Data Set for Analysis in Data Mining1846 Words   |  7 PagesPreparing a data set for analysis in data mining is a more time consuming task. For preparing a data set it requires more complex SQL quires, joining tables and aggregating columns. Existing SQL aggregations have some limitations to prepare data sets because they return one column per aggregated group. In general, significant manual efforts are required to build data sets, where a horizontal layout is required. Also many data mining applications deal with privacy for many sen sitive data. ThereforeRead MoreMarket Basket Analysis : Descriptive Type Of Data Mining Essay2191 Words   |  9 PagesAssociation Rule mining, also popularly known as market basket analysis is descriptive type of data mining technique which is used to identify patterns or relationship in data. Association rule is represented as purchasing of one product when another product is purchased. This is popularly used in marketing, advertising and inventory control. A popular example is always associated with this data mining technique which is about finding relationship between beers and diapers. A retail company whichRead MoreData Mining And Machine Learning1631 Words   |  7 PagesIntroduction Nowadays, data mining and machine learning become rapidly growing topics in both industry and academic areas. Companies, government laborites and top universities are all contributing in knowledge discovery of pattern recognition, text categorization, data clustering, classification prediction and more. In general, data mining is the technique used to analyze data from multi perspectives and reveal the hidden gem behind the enormous amount of data. With the explosive growth of data collections