Data Mining Assignment 4 Shauna N. Hines Dr. Progress Mtshali Info Syst Decision-Making December 7‚ 2012 Benefits of Data Mining Data mining is defined as “a process that uses statistical‚ mathematical‚ artificial intelligence‚ and machine-learning techniques to extract and identify useful information and subsequent knowledge from large databases‚ including data warehouses” (Turban & Volonino‚ 2011). The information identified using data mining includes patterns indicating trends‚ correlations
Premium Data mining
The advantages and disadvantages of investment in gold: Like investment in any other precious metal‚ investment in gold also has many advantages as compare with other kind of investing such as bond and stock. • It may not be the most obvious choice for a new investor‚ but it always is the safest choice. When choosing an investment‚ there are many factors to consider and every investor has to make sure that the investment he chooses is suitable for his budget and also for his financial goal
Premium Gold Precious metal Investment
CS 450 Data Mining‚ Fall 2014 Take-Home Test N#1 Date: September 22nd‚ 2014 Final deadline for submission September 29th‚ 2014 Weighting: 5% Total number of points: 100 Instructions: 1. Attempt all questions. 2. This is an individual test. No collaboration is permitted for assessment items. All submitted materials must be a result of your own work. Part I Question 1 [20 points] Discuss whether or not each of the following activities is a data mining task. • Dividing
Premium Data mining Data analysis Data
necessity for a businesses trying to maximize its profits. A new‚ and important‚ tool in gaining this knowledge is Data Mining. Data Mining is a set of automated procedures used to find previously unknown patterns and relationships in data. These patterns and relationships‚ once extracted‚ can be used to make valid predictions about the behavior of the customer. Data Mining is generally used for four main tasks: (1) to improve the process of making new customers and retaining customers; (2) to
Premium Data mining Data
governing the minerals industry in the Philippines is contained in Republic Act No. 7942 (otherwise known as the Philippine Mining Act of 1995) and given flesh by its revised implementing rules and regulations (Administrative Order No. 96-40) and its subsequent amendments. These policies advocate the sustainable development of mineral resources in the country. While both the Mining Act and its regulations provide a strong focus on environmental and social management‚ they continue to be the subject
Premium Supreme court Economy Sustainability
Stoichiometry in the Industry (Mining Industry) Prepared By: Ryan Khan and Michael McDonald Course code: SCH3U1 Teacher: Miss Kedzia Due Date: 22/4/2013 Date Submitted: 22/4/2013 What Is Stoichiometry? Stoichiometry as defined by our textbook is “the study of the quantitative relationships among the amounts of reactants used and the amounts of products formed in a chemical reaction”. Basically‚ Stoichiometry is the science of counting and studying the relationship between the amounts
Premium Iron Iron ore Chemical reaction
GOLD RUSH‚ THE IMPACT OF MINING ON POOR PEOPLE INTRODUCTION 1. Ghana has been blessed with a lot of minerals including gold‚ diamond and bauxite. These have been mined over the years in various ways for the development of the country. Ghana’s huge mineral wealth is well known as the country is ranked ninth in the world for recognised gold deposits. 2. We often hear on news the death of illegal miners caused by a collapse cave or them being buried alive in collapse pits. Lands of
Premium Poverty Mining California Gold Rush
INTRODUCTION: The Australian gold rush affected Australian society in many ways. One example can be the Eureka Stockade‚ Australia’s only armed protest by gold miners POPULATION: The gold rushes in the second half of the 19th century would completely change the face of Australia. Before 1851‚ Australia’s combined white population was approximately 77‚000. Most of those had been convicts sent by ship over the previous seventy years. The gold rush completely changed that however. In the two
Premium Australia New South Wales
1. One organization that I feel has the best longterm position in terms of their stock market price is Barrick Gold. http://finance.yahoo.com/q/bs?s=ABX+Balance+Sheet&annual http://www.barrick.com/investors/annual-report/financial-highlights/default.aspx The most important factor in any organization from what I learnt is how much it can pay its shareholders in dividends. Barrick gold has increased per year their annualized dividend US cents per share from 48 cents per share in 2010 to 60 cents
Premium Generally Accepted Accounting Principles Investment Income statement
Data Mining Weekly Assignment 6: LIFT; CRM; AFFINITY POSITIONING; CROSS-SELLING AND ITS ETHICAL CONCERNS. What is meant by the term “lift”? The term “lift” describes the improved performance of an exact or specific amount of effort on a modeled sampling‚ as opposed to a random sampling (Spang‚ 2010). In other words‚ if you are able to market via a model to say‚ a given number of random customers (e.g. 1000)‚ and we expect that 50 of them would be successful‚ then a model that can generate 75
Premium Customer relationship management