Data Mining for Business Intelligence


1.                  Define data mining. Why are there many different names and definitions for data mining?
Data mining is the process through which previously unknown patterns in data were discovered. Another definition would be “a process that uses statistical, mathematical, artificial intelligence, and machine learning techniques to extract and identify useful information and subsequent knowledge from large databases.” This includes most types of automated data analysis. A third definition: Data mining is the process of finding mathematical patterns from (usually) large sets of data; these can be rules, affinities, correlations, trends, or prediction models.
Data mining has many definitions because it’s been stretched beyond those limits by some software vendors to include most forms of data analysis in order to increase sales using the popularity of data mining.

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