BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A six-phase structured approach for the planning and execution of a data mining project
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Self-service Analytics
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Sensitive Business Information
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Cross-Industry Process for Data Mining (CRISP-DM)
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Key Performance Indicators (KPIs)
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Explanation:
Detailed explanation-1: -The life cycle model consists of six phases with arrows indicating the most important and frequent dependencies between phases. The sequence of the phases is not strict. In fact, most projects move back and forth between phases as necessary. The CRISP-DM model is flexible and can be customized easily.
Detailed explanation-2: -What is CRISP-DM? CRISP-DM or CRoss Industry Standard Process for Data Mining is a process model with six phases that naturally describes the data science life cycle. It’s like a set of guardrails to help you plan, organize, and implement your data science (or machine learning) project.
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