FUNDAMENTALS OF COMPUTER

DATABASE FUNDAMENTALS

DATA WAREHOUSING AND DATA MINING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Data mining is the exploration and analyzing large data set to discover patterns and correlations to predict outcomes.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Explanation: data mining is a process of mining of knowledge from data or extracting information from a large collection of data. It also involves several other processes like data cleaning, data transformation, and data integration.

Detailed explanation-2: -Data mining generally refers to gathering relevant data from large databases. Data exploration, on the other hand, generally refers to a data user being able to find his or her way through large amounts of data in order to gather necessary information.

Detailed explanation-3: -Data mining is the process of sorting through large data sets to identify patterns and relationships that can help solve business problems through data analysis. Data mining techniques and tools enable enterprises to predict future trends and make more-informed business decisions.

Detailed explanation-4: -In addition to searching for patterns, data mining seeks to uncover unusual data within a set. Anomaly detection is the process of finding data that doesn’t conform to the pattern. This process can help find instances of fraud and help retailers learn more about spikes, or declines, in the sales of certain products.

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