Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is Data Mining and Why is it Important? Consider a small business that is a computer store. How would data mining help expand their

"What is Data Mining and Why is it Important? Consider a small business that is a computer store. How would data mining help expand their business?

Step by Step Solution

3.33 Rating (162 Votes )

There are 3 Steps involved in it

Step: 1

Data mining is the process of discovering valuable patterns trends and insights from large sets of data It involves extracting and analyzing data to u... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

4th Edition

0730369382, 978-0730369387

More Books

Students also viewed these General Management questions

Question

Estimate the error in Prob. 1 by (5)

Answered: 1 week ago

Question

Why should one study operations management?

Answered: 1 week ago

Question

What is throughput costing? How is it linked to lean accounting?

Answered: 1 week ago