DATABASE FUNDAMENTALS
DATA WAREHOUSING AND DATA MINING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Clustering
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Predictive
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Associative
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Descriptive
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Detailed explanation-1: -Predictive data mining is data mining that is done for the purpose of using business intelligence or other data to forecast or predict trends. This type of data mining can help business leaders make better decisions and can add value to the efforts of the analytics team.
Detailed explanation-2: -Data Mining: On What Kinds of Data? – Use some variables to predict unknown or future values of other variables. – Find human-interpretable patterns that describe the data.
Detailed explanation-3: -A predictive model of a data mining task comprises classification, regression, prediction, and time series analysis. The predictive model of data mining is also called statistical regression.
Detailed explanation-4: -Although, predictive analytics is usually related to data mining to describe how information or data is processed, there are significant differences between these techniques. Predictive analytics and data mining use algorithms to discover knowledge and find the best solutions.