Chapter 1 Exercises 1. What is data mining? In your answer‚ address the following: Data mining refers to the process or method that extracts or \mines" interesting knowledge or patterns from large amounts of data. (a) Is it another hype? Data mining is not another hype. Instead‚ the 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. Thus‚ data mining can be viewed as the result of
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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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Turning data into information © Copyright IBM Corporation 2007 Course materials may not be reproduced in whole or in part without the prior written permission of IBM. 4.0.3 Unit objectives After completing this unit‚ you should be able to: Explain how Business and Data is correlated Discuss the concept of turning data into information Describe the relationships between DW‚ BI‚ and Data Insight Identify the components of a DW architecture Summarize the Insight requirements and goals of
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On the short story “The Third and Final Continent” we can see that the author‚ narrator and protagonist‚ Jhumpa Lahiri‚ introduces a new character presented as Mrs. Croft. But to understand better why the author chooses to add this character to the story we should know which was the general situation at US in the moment the story occurred. In 1965‚ President Lyndon B. Johnson signed the Immigration and Nationality Act into law‚ getting rid of several immigration quotas. This piece of legislation
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Introduction Data communications (Datacom) is the engineering discipline concerned with communication between the computers. It is defined as a subset of telecommunication involving the transmission of data to and from computers and components of computer systems. More specifically data communication is transmitted via mediums such as wires‚ coaxial cables‚ fiber optics‚ or radiated electromagnetic waves such as broadcast radio‚ infrared light‚ microwaves‚ and satellites. Data Communications =
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into the Workers’ Compensation (WC) actuarial model workbook. Payroll data for the WC model should contain “only the actual hours worked” for specific Rate Schedule Codes (RSC) groups‚ including executives. The WC payroll data should exclude all paid leave types. A comparison of work hours from the NPHRS mainframe report to the summary in EDW reveals very small differences. We hope to align the NPHRS and EDW work hour data. Also‚ we (Technical Analysis‚ Accounting and Finance) need to understand
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A glimpse of Big Data Jan. 2013 What is big data? “Big data is not a precise term; rather it’s a characterization of the never ending accumulation of all kinds of data‚ most of it unstructured. It describes data sets that are growing exponentially and that are too large‚ too raw or too unstructured for analysis using relational database techniques. Whether terabytes or petabytes‚ the precise amount is less the issue than where the data ends up and how it is used.”------Cite from EMC’s report
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Data Collection QNT/351 July 10‚ 2014 There are many times when companies have to collect data to come to a conclusion about an issue. The data may be collected from their employers‚ their competition or their consumers. BIMS saw that there had been an average turnover that was larger then what the company had seen in the past. Human Resources decided that they would conduct a survey to see what had changed in the company from the employee’s point of view. They attached
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the oppressive nature of governments‚ may also wish to encrypt certain information to avoid suffering the penalties of going against the wishes of those who attempt to control. Still‚ the methods of data encryption and decryption are relatively straightforward‚ and easily mastered. I have been doing data encryption since my college days‚ when I used an encryption algorithm to store game programs and system information files on the university mini-computer‚ safe from ’prying eyes’. These were files
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A third abnormal behaviour tigers can display is overgrooming and self mutilation. This is where an animal over grooms themselves leaving uneven fur and patches and occasionally bleeding this can lead to infections and in extreme cases death if the situation gets bad enough. We can tell the animal is performing this behaviour if it is repeatedly grooming itself‚ there may also be fur chunks on the enclosure floor and blood where it has been laying as well as visible damage to the tigers coat. Both
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