is 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;
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Traveling Mindset vs. Home Mindset Does having a closed mind set benefit more than a open mind set? Being open minded is having a mind embarks on new ideas‚ exploring and arguments. Being close minded is not open to new ideas and exploring. What does open minded and close minded have to do with having a traveling mind set and home mind set? Having a traveling mind set‚ we carry with us no rigid ideas about what is interesting. A home mind set is being settled in expectations‚ and assured that we have
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Data Mining Project – Dogs Race Prediction Motivation Gambling is very popular in the Republic of Ireland‚ weather is online or not‚ more people are joining gambling communities formed all over the Island of Ireland. The majority of these communities are involved in horse races related gambling and other sports‚ but there is a significant amount of people dedicated to dogs races. This is a multimillion Euro industry developed on-line and live or face to face. Objective There are many websites
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Programme Management Office Project Charter & Scope Statement Project Title: Project ID: Project Sponsor: Project Manager: Charter approval date: Project and Module Data Project Brian Norton‚ President Liam Duffy‚ IS Services Document Control Date 30-01-12 02-02-12 10-02-12 16-03-12 Version V 1.0 V 2.0 V 3.0 V 4.0 Changed by Liam Duffy Liam Duffy Liam Duffy Liam Duffy Reasons for Change Original Document Consultation with Sponsor Consultation with Project
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Mohammed Al Bittar - 1006091 1. What is meant by big data? A term used for complex sets of data which becomes very difficult to process‚ manage‚ or capture by commonly-used software. 2. What is meaning of data-driven culture? A culture where decisions made upon analyzing real statistical information. Like how Wal-Mart checks on the weather in order to provide more products to the customers; because their statistical information shows that whenever there is a storm‚ customers by
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project. In primary data collection‚ we collect the data ourselves by using methods such as interviews and questionnaires. The key point here is that the data we collect is unique to us and our research and‚ until we publish‚ no one else has access to it. There are many methods of collecting primary data and the main methods include: • QUESTIONNAIRES • INTERVIEWS • FOCUS GROUP INTERVIEWS • SURVYES • OBSERVATION • DIARIES • ANALYSING THE DATA The primary data‚ which is generated by
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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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Data transmission‚ digital transmission‚ or digital communications is the physical transfer of data (a digital bit stream) over a point-to-point or point-to-multipoint communication channel. Examples of such channels are copper wires‚ optical fibres‚ wireless communication channels‚ and storage media. The data are represented as an electromagnetic signal‚ such as an electrical voltage‚ radiowave‚ microwave‚ or infrared signal. Data representation can be divided into two categories: Digital
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1. Data Processing- is any process that a computer program does to enter data and‚ summarize‚ analyze or otherwise convert data into usable information. The process may be automated and run on a computer. It involves recording‚ analyzing‚ sorting‚ summarizing‚ calculating‚ disseminating and storing data. Because data are most useful when well-presented and actually informative‚ data-processing systems are often referred to as information systems. Nevertheless‚ the terms are roughly synonymous‚ performing
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DATA ORGANIZATION‚ PRESENTATION AND ANALYSIS Research Methods 1 Data Organization and Presentation To make interpretation and analysis of gathered data easier‚ data should be organized and presented properly. The usual methods used by researchers are textual‚ tables‚ graphs and charts. 1.1 Textual Data can be presented in the form of texts‚ phrases or paragraphs. It involves enumerating important characteristics‚ emphasizing significant figures and identifying important features of
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