University 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. •
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Question 1: Case One –eBay Q1.1. Discuss the relationships between business intelligence‚ data warehouse‚ data mining‚ text and web mining‚ and knowledge management. Justify and synthesis your answers/viewpoints with examples (e.g. eBay case) and findings from literature/articles. To understand the relationships between these terms‚ definition of each term should be illustrated. Firstly‚ business intelligence (BI) in most resource has been defined as a broad term that combines many tools and technologies
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Data Mining Melody McIntosh Dr. Janet Durgin Information Systems for Decision Making December 8‚ 2013 Introduction Data mining‚ or knowledge discovery‚ is the computer-assisted process of digging through and analyzing enormous sets of data and then extracting the meaning of the data. Data mining tools predict behaviors and future trends‚ allowing businesses to make proactive‚ knowledge- driven decisions Although data mining is still in its infancy
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Stock Exchange forecasting with Data Mining and Text Mining (Marketing and Sales Analysis) Full names : Fahed Yoseph TITLE : Senior software and Database Consultatnt (Founder of Info Technology System) E-mail: Yoseph@info-technology.net Date of submission: Sep 15th of 2013 CONTENTS PAGE Chapter 1 1. ABSTRACT 2 2. INTRODUCTION 3 2.1 The research problem. 4 2.2 The objectives of the proposal. 4 2.3 The Stock Market movement. 5 2.4 Research question(s). 6 2. Background 3. Problem
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SMS CUSAT Reading Material on Data Mining Anas AP & Alex Titty John • What is Data? Data is a collection of facts and information or unprocessed information. Example: Student names‚ Addresses‚ Phone Numbers etc. • What is a Database? A structured set of data held in a computer which is accessible in various ways. Example: Electronic Address Book‚ Phone Book. • What is a Data Warehouse? The electronic storage of large amount of data by business. Concept originated in
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Data mining is a concept that companies use to gain new customers or clients in an effort to make their business and profits grow. The ability to use data mining can result in the accrual of new customers by taking the new information and advertising to customers who are either not currently utilizing the business ’s product or also in winning additional customers that may be purchasing from the competitor. Generally‚ data are any “facts‚ numbers‚ or text that can be processed by a computer.” Today
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university CASE STUDY OF DATA MINING Summitted by Jatin Sharma Roll no -32. Reg. no 10802192 A case study in Data Warehousing and Data mining Using the SAS System. Data Warehouses The drop in price of data storage has given companies willing to make the investment a tremendous resource: Data about their
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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
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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
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a 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)
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