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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Introduction to Data Mining Assignment 1 Ex1.1 what is data mining? (a) Is it another hype? Data mining is Knowledge extraction from data this need for data mining has arisen due to the wide availability of huge amounts of data and the imminent need for turning such data into useful information and knowledge. So‚ data mining definitely is not another hype it can be viewed as the result of the natural evolution of information technology. (b) Is it a simple transformation of technology developed
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Process in Houston CIVT 301 Outline Wastewater collection data in Houston What is sewage treatment? Where does wastewater come from? Factors that affect the flow of pipelines Industrial wastewater? Storm water/ Data The treatment plant operator Sources of wastewater Why treat wastes Waste water treatment facilities Treatment processes Drinking water What can be done to help? Wastewater collection data in Houston 640 square miles area 3 million citizens served 6‚250 miles
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Introduction: Data breach has always been a sensitive topic‚ let alone when the data breach is related to banking. In the mean time‚ there’s a breach was found happened to the online banking system of the competitive bank of First Union Bank‚ and the hacker had stolen quantities of customers’ personal information and data. It has been an alarm for all the banks‚ it reminds the whole society to be alert of the damage caused by the data breach. The Chief Information Officer of the First Union Bank
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Collecting‚ Reviewing‚ and Analyzing Secondary Data WHAT IS SECONDARY DATA REVIEW AND ANALYSIS? Secondary data analysis can be literally defined as second-hand analysis. It is the analysis of data or information that was either gathered by someone else (e.g.‚ researchers‚ institutions‚ other NGOs‚ etc.) or for some other purpose than the one currently being considered‚ or often a combination of the two (Cnossen 1997). If secondary research and data analysis is undertaken with care and diligence
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Trang Vuong Big Data and Its Potentials Data exists everywhere nowadays. It flows to every area of the economy and plays an important role in the decision-making process. Indeed‚ “businesses‚ industries‚ governments‚ universities‚ scientists‚ consumers‚ and nonprofits are generating data at unprecedented levels and at an incredible pace” to ensure the accuracy and reliability of their data-driven decisions (Gordon-Murnane 30). Especially when technology and economy are growing at an unbelievable
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You Can Do With Data/The Information Architecture of an Organization What is the difference between data and information? Give examples. Data = discrete‚ unorganized‚ raw facts Quantity Sold‚ Course Enrollment‚ Customer Name‚ Discount‚ Star Rating. Information = transformation of those facts into meaning. Financial data (deposits)‚ daily loans. What is a transaction? Action performed in a database management system What are the characteristics of an operational data store? Stores
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Americans leave long electronic trails of private information wherever they go. But too often‚ that data is compromised. When they shop—whether online or at brick and mortar stores—retailers gain access to their credit card numbers. Medical institutions maintain patient records‚ which are increasingly electronic. Corporations store copious customer lists and employee Social Security numbers. These types of data frequently get loose. Hackers gain entry to improperly protected networks‚ thieves steal employee
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Data Tech‚ Inc. 2 Determine whether Jeff should give greater priority to a smaller facility with possibility of expansion or more into a larger facility immediately. According to Sliwinski and Gabryelczyk‚ facility management is a customer-oriented complete service‚ covering the comprehensive decision-making principles for optimum planning‚ usage and adaption of buildings
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Outline Introduction Distributed DBMS Architecture Distributed Database Design Distributed Query Processing Distributed Transaction Management Data Replication Consistency criteria Update propagation protocols Parallel Database Systems Data Integration Systems Web Search/Querying Peer-to-Peer Data Management Data Stream Management Distributed & Parallel DBMS M. Tamer Özsu Page 6.1 Acknowledgements Many of these slides are from notes prepared by Prof. Gustavo
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