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Data Mining
Beginning of paper
In 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 . is a set of automated procedures used to find previously unknown patterns and relationships in data. These patterns and relationships, once extracted .... Middle of paper
.... to pre-process the data” (SAS Institute).
There are several different types of models and algorithms used to “mine” the data. These include, but are not limited to, neural networks, decision trees, rule induction, boosting, and genetic algorithms.
is largely, if not entirely used for business purposes. The highest users of include banking, financial, and telecommunications industries (Two Crows). will have a different eff ....
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Number of words: 320
Number of pages: 2 (approx. 250 words per double-spaced page)
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