History of Data Mining One of the first articles to use the phrase "data mining" was published by Michael C. Lovell in 1983. At the time, Lovell and many other economists took a fairly negative view of the practice, believing that statistics could lead to incorrect conclusions when not informed by knowledge of the subject … Continue reading What Is Data Mining?
Tag: Data Mining
Data, in its raw form, is just a collection of things, where little information might be derived. Together with the development of information discovery methods(Data Mining and KDD), the value of the info is significantly improved. Data mining is one among the steps of Knowledge Discovery in Databases(KDD) as can be shown by the image … Continue reading Difference between Data Mining and KDD
What is Data warehouse? A data warehouse is a technique for collecting and managing data from varied sources to provide meaningful business insights. It is a blend of technologies and components which allows the strategic use of data. Data Warehouse is electronic storage of a large amount of information by a business which is designed … Continue reading Difference between Data Mining and Data Warehouse
vs Big Data vs Data Mining Lately, there have been tremendous shifts in the business technology landscape. Advances in cloud technology and mobile applications have enabled businesses and IT users to interact in entirely new ways. To help you understand the various concepts in business data concepts, it is important to understand the difference between … Continue reading BI vs Big Data vs Data Mining