Case Study On Popular Data Mining

Data mining is another concept closely associated with large databases such as clinical data repositories and data warehouses. However data mining like several other IT concepts means different things to different people. Health care application vendors may use the term data mining when referring to the user interface of the data warehouse or data repository. They may refer to the ability to drill down into data as data mining for example. However more precisely used data mining refers to a sophisticated analysis tool that automatically dis­ covers patterns among data in a data store. Data mining is an advanced form of decision support. Unlike passive query tools the data mining analysis tool does not require the user to pose individual specific questions to the database. Instead this tool is programmed to look for and extract patterns, trends and rules. True data mining is currently used in the business community for market­ ing and predictive analysis (Stair & Reynolds, 2012). This analytical data mining is however not currently widespread in the health care community.

Data Mining is an analytical process that primarily involves searching through vast amounts of data to spot useful, but initially undiscovered, patterns. The data mining process typically involves three major steps—exploration, model building and validation and finally, deployment.

Data mining uses computer-based technology to evaluate data in a database and identify different trends. Effective data mining helps researchers predict economic trends and pinpoint sales prospects. Data mining is stored in data warehouses, which are sophisticated customer databases that allow managers to combine data from several different organization functions.

Abstract - In the Data mining process, we can identify the patterns in the data that is hard to find using normal analysis. Several Mathematical and statistical algorithms are used in this approach to determine the probability of the event or scenario. The main aim of this process in terms of technical representation is to find the correlation amongst the attributes. There is a huge amount of discovery being carried out in this field creating a huge scope and jobs in this area. Several data mining algorithms are present that could determine different features present in the data that could lead in prediction and future analysis. Main Study report would consist of these algorithms that could help us predict and some sample data that we

Data mining has been come increasingly easier in recent years. It cannot be done manually because it requires applying mathematics, statistics, and pattern matching to large amounts of data[iv] but advances in computer hardware and software have made data mining on a large scale a reality. This has

Data mining simply explained is automated sorting and analyzing of large amounts of data, searching for patterns and correlations. On a

Data mining is the process of analysing data to discover meaningful patterns within the data resulting in extracting useful information that may have not been discovered yet. Data mining borrows techniques from a variety of fields such as statistics, machine learning and artificial intelligence. Because of its usefulness, data mining has been used in a range of industries such as, banking, telecommunications, retail, marketing, and insurance.

The overall goal of the data mining process is to extract information from data sets and transform it into an understandable structure such as patterns and knowledge for further use [3].

This research paper highlight the importance and need of data mining in the age of electronic media where large amount of information and consolidated database is readily available. This seemingly useful information can unearth some mind-blowing statistics and predict the future trends with relative ease through use of data mining techniques which can benefit the businesses, start-ups, country and individual alike. However, since data mining is effective in bringing out patterns, alerts, correlation and association through complex algorithms and analysis, it has, over the past few decades proved to be a useful

In today’s business world, information about the customer 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 defined as extracting information from huge sets of data. In other words, we can say that data mining is the procedure of mining knowledge from data. There is a huge amount of data available in the Information Industry. This data is of no use until it is converted into useful information. It is necessary to analyse this huge amount of data and extract useful information from it. Extraction of information is not the only process we need to perform; data mining also involves other processes such as Data Cleaning, Data Integration, Data Transformation, Data Mining, Pattern Evaluation and Data Presentation [12].

Data mining is the procedure of getting new patterns from large amount of data. Data mining is a procedure of finding of beneficial information and patterns from huge data. It is also called as knowledge discovery method, knowledge mining from data, knowledge extraction or data/ pattern analysis. The main goal from data mining is to get patterns that were already unknown. The useful of these patterns are found they can be used to make certain decisions for development of their businesses. Data mining aims to discover implicit, already unknown, and potentially useful information that is embedded in data.

A data stream is a real time, continuous, structured sequence of data items. Mining data stream is the process of extracting knowledge from continuous, rapid data records. Data arrives faster, so it is a very difficult task to mine that data. Stream mining algorithms typically need to be designed so that the algorithm works with one pass of the data. Data streams are a computational challenge to data mining problems because of the additional algorithmic constraints created by the large volume of data. In addition, the problem of temporal locality leads to a number of unique mining challenges in the data stream case. The data mining techniques namely clustering, classification and frequent pattern mining are applied to extract the knowledge

Data Mining is the non-trivial extraction of potentially useful information about data. In other words, Data Mining extracts the knowledge or interesting information from large set of structured data that are from different sources. There are various research domains in data mining specifically text mining, web mining, image mining, sequence mining, process mining, graph mining, etc. Data mining applications are used in a range of areas such as it is used for financial data analysis, retail and telecommunication industries, banking, health care and medicine. In health care, the data mining is mainly used for disease prediction. In data mining, there are several techniques have been developed and used for predicting the diseases

Data mining prediction model works on the process of identifying the patterns based on the historical information to predict the new incoming data sets. This prediction modelling is much useful in the case of decision making process in the business models. On the other way, Descriptive model describes the data in an efficient way by means of grouping the data by using clustering; association rules principles of data mining.