Data Mining: Introduction Lecture Notes for Chapter 1 Introduction to Data Mining by Tan‚ Steinbach‚ Kumar © Tan‚Steinbach‚ Kumar Introduction to Data Mining 4/18/2004 1 Why Mine Data? Commercial Viewpoint O Lots of data is being collected and warehoused – Web data‚ e-commerce – purchases at department/ grocery stores – Bank/Credit Card transactions O Computers have become cheaper and more powerful O Competitive Pressure is Strong – Provide better‚ customized services for an edge (e.g
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help businesses achieve competitive advantage‚ can the data be used to model underlying business processes‚ and can we gain insights from the data to help improve business processes? These are the goals of Business Intelligence (BI) systems‚ and Data Mining is the set of embeddable (in BI systems) analytic methods that provide the capabilities to explore‚ summarize‚ and model the data. Before applying these methods to data‚ the data has to be typically organized into history repositories‚ known as data
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In this case study‚ we see how Tom Parker managed his team for the company Arctic Mining Consultants. Parker his responsable to hiring‚ training and supervising a team of assistants fields. A project manager made a report to Parker concerning the result of the objective. The team are composed by 3 fields assistants : John Talbot‚ Greg Boyce and Brian Miller all of them had work before with Parker. The team need to stake a fifteen claims in Eagle lake‚ British Colombia in Canada : marks a line with
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Data Warehousing and Data mining December‚ 9 2013 Data Mining and Data Warehousing Companies and organizations all over the world are blasting on the scene with data mining and data warehousing trying to keep an extreme competitive leg up on the competition. Always trying to improve the competiveness and the improvement of the business process is a key factor in expanding and strategically maintaining a higher standard for the most cost effective means in any
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Laurenz Carlo G. Salindong Mr. E.P. Salazar Composition IV 17 August 2012 Bring It Back to the Gold Standard The 2007 global financial crisis considered by many economists to be the worst since the Great Depression in the 1930s caused the downfall of large financial institutions such as drop of interconnected stock markets and the bailing out of major banks. This was triggered by the complex interplay of over-valuated mortgages‚ accumulated malpractice of trading between buyers and sellers
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A Paper on Data preprocessing and Measures of Similarities and Dissimilarities and Data Mining Applications DEEPAK KUMAR D R M.SC IN COMPUTER SCIENCE 3RD SEMESTER‚ DAVANGERE UNIVERSITY deepakrdevang@gmail.com Abstract: This topic is mainly used by a number of data mining techniques‚ such as clustering‚ nearest neighbor classification‚ and anomaly detection. And it can also include the data mining applications.In this paper we have focused a variety of techniques‚ approaches and different areas
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EXECUTIVE SUMMARY This study takes an insight into the usage of data warehousing and data mining techniques to enhance the productivity of the business. The study of the processes is analysed so as to get the need of adaptation according to inherent demands of these industries in near future. The main topics we are discussing here are: a) Data warehousing b) Data Mining c) ETL d) Data Mart An attempt has been made to analyse different ways of using these for the enhancement in the
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The Klondike Gold Rush‚ also called the Yukon Gold Rush‚ the Alaska Gold Rush‚ the Alaska-Yukon Gold Rush and the Last Great Gold Rush‚ was a migration by an estimated 100‚000 prospectors to the Klondike region of the Yukon in north-western Canada between 1896 and 1899. Gold was discovered there on August 16‚ 1896 and‚ when news reached Seattle and San Francisco the following year‚ it triggered a "stampede" of prospectors. The journey proved too hard for many‚ and only between 30‚000 and 40‚000 arrived
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The Gold Rush began in May of 1848 when the words‚ "Gold! Gold! Gold from the American River!" were shouted by Sam Brennan in San Francisco. The discovery ignited the flames of desire across the country and everyone was infected with gold fever. The topic of the California Gold Rush is a home run in terms of this years theme. We chose this event because of its significance in the foundation of our country and the impact it had on so many lives. People from all over the world traveled to the west
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Arthur Boyd and Oodgeroo‚ formally known as Kath Walker‚ both effectively depict their own view of Australia through the painting “The Mining Town” and the poem “The Time Is Running Out. ” They each present slightly differing interpretations of the country based upon their altered perspectives and context. Arthur Boyd presents a vivid and vibrant life of an Australian mining town of 1920 through his painting while Kath Walker aggressively portrays an outraged view of what Australia has become violently
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