Database - Data Warehousing - Discussion

Discussion Forum : Data Warehousing - General Questions (Q.No. 3)
3.
A goal of data mining includes which of the following?
To explain some observed event or condition
To confirm that data exists
To analyze data for expected relationships
To create a new data warehouse
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
14 comments Page 1 of 2.

Ponamutha said:   1 decade ago
Data mining is an innovative way of gaining new and valuable business insights by analyzing the information held in your company database.

Data mining uncovers this in-depth business intelligence by using advanced analytical and modeling techniques.

Data mining can identify patterns in company data.

Data mining can identify the characteristics of a known group of customers.

Data mining tools ease and automate the process of discovering this kind of information from large stores of data.

Wowi said:   1 decade ago
I don't agree with the provided answer. I think the correct answer is be "C". Seems to me that data mining is more about analyzing data, looking for "hidden" information, or correlations, in order to take calculated decisions. And not so much of "explaining" an observed event or condition.

Midhula-sit said:   1 decade ago
It is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue, cuts costs, or both. Data mining software is one of a number of analytic tools for analyzing data.

Jeevitha-sit said:   1 decade ago
Data warehouse architecture, which is based on multi-agent systems, not only improves the active and real-time performance of the data warehouse.

Benasir said:   1 decade ago
Data mining refers to statistical and AI algorithms to analyze correlation of variables in data.

Paarg said:   1 decade ago
Data mining --> Extracting useful data from large DB and also finding patterns among data.

Bhupendra said:   1 decade ago
Data mining is used as a function to find some relations, patterns among the data.

Sonia said:   1 decade ago
Data Warehousing is a repository of an organization's electronically stored data.

Jai said:   1 decade ago
Data mining refers to extracting or mining knowledge from very large database.

Rohini.R said:   1 decade ago
Data mining means tools to access, analyse the data and store it in an db.


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