Data Mining
Data mining has been defined as "The nontrivial extraction of implicit, previously unknown, and potentially useful information from data"[1]
It uses machine learning, statistical and
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There are a number of synonyms for data mining, including
Knowledge Discovery in Databases (KDD) and Business Analytics
[1] W. Frawley and G. Piatetsky-Shapiro and C. Matheus, Knowledge Discovery in Databases: An Overview. AI Magazine, Fall 1992, pgs 213-228.
The Data Mining Process
Data Mining evolved from a simple extraction of raw data to
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Step 1: Exploration - involves data preparation
Step 2: Model building and Validation - involves choosing the ones that are best suited to be used
Step 3: Deployment - involves using the chosen data to proceed with the generation of the outcome
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See Also
Introduction To Data Mining