AnIntroductiontoDataMiningDiscoveringhiddenvalueinyourdatawarehouseOverviewDatamining,theextractionofhiddenpredictiveinformationfromlargedatabases,isapowerfulnewtechnologywithgreatpotentialtohelpcompaniesfocusonthemostimportantinformationintheirdatawarehouses
Dataminingtoolspredictfuturetrendsandbehaviors,allowingbusinessestomakeproactive,knowledge-drivendecisions
Theautomated,prospectiveanalysesofferedbydataminingmovebeyondtheanalysesofpasteventsprovidedbyretrospectivetoolstypicalofdecisionsupportsystems
Dataminingtoolscananswerbusinessquestionsthattraditionallyweretootimeconsumingtoresolve
Theyscourdatabasesforhiddenpatterns,findingpredictiveinformationthatexpertsmaymissbecauseitliesoutsidetheirexpectations
Mostcompaniesalreadycollectandrefinemassivequantitiesofdata
Dataminingtechniquesc