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Data Mining

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Data Mining

Overview of Data Mining

It is a study of extracting useful information from structured/unstructured data taken from various sources. This is done -

  • Mining for frequent patterns
  • Mining for associations
  • Mining for correlations
  • Mining for clusters
  • Mining for predictive analysis

Data Mining Usages

It is done for purposes like Market Analysis, determining customer purchase pattern, financial planning, fraud detection etc.