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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Using the Standard Deviation You made a number of observations about the data sets for the school activities. You used mean and median to measure the center of the data‚ and you used the interquartile range (IQR) to measure the spread. When outliers are present‚ the median and IQR are used to measure center and spread because they are unaffected by extreme values. When the data appears to be symmetric and there are no known outliers‚ the mean and standard deviation (another measure of spread)
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team‚ collect different types of data. One of them is meeting legal requirements. In order to satisfy legal obligations we collect such information as contractual arrangements‚ employees’ duties‚ privileges‚ salaries‚ working hours‚ vacation accruals‚ bonuses‚ as well as documents relating to health and safety. The Russian Labor Inspection can check any data regarding individual employees and it is important for the organization to timely provide accurate and valid data in order to avoid fees or other
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and Kimball’s definition of Data Warehousing. Bill Inmon advocates a top-down development approach that adapts traditional relational database tools to the development needs of an enterprise wide data warehouse. From this enterprise wide data store‚ individual departmental databases are developed to serve most decision support needs. Ralph Kimball‚ on the other hand‚ suggests a bottom-up approach that uses dimensional modeling‚ a data modeling approach unique to data warehousing. Rather than building
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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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INTRODUCTION - TECHNICAL ANALYSIS In finance‚ technical analysis is a security analysis discipline used for forecasting the direction of prices through the study of past market data‚ primarily price and volume. Behavioral economics and quantitative analysis use many of the same tools of technical analysis‚ which‚ being an aspect of active management‚ stands in contradiction to much of modern portfolio theory. The efficacy of both technical and analysis is disputed by efficient-market hypothesis which
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Data Mining DeMarcus Montgomery Dr. Janet Durgin CIS 500 June 9‚ 2013 Determine the benefits of data mining to the businesses when employing 1. Predictive analytics to understand the behavior of customers Predictive analytics is business intelligence technology that produces a predictive score for each customer or other organizational element. Assigning these predictive scores is the job of a predictive model‚ which has‚ in turn been trained over your data‚ learning from the experience
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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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Module 815 Data Structures Using C M. Campbell © 1993 Deakin University Module 815 Data Structures Using C Aim After working through this module you should be able to create and use new and complex data types within C programs. Learning objectives After working through this module you should be able to: 1. Manipulate character strings in C programs. 2. Declare and manipulate single and multi-dimensional arrays of the C data types. 3. Create‚ manipulate and manage C pointers
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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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