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Data Mining: Presented By: M Ayzaz Aslam Mubeen Ali M Shahzaib Saeed Presented To: Miss Asma Abu-Bakar
Data Mining: Presented By: M Ayzaz Aslam Mubeen Ali M Shahzaib Saeed Presented To: Miss Asma Abu-Bakar
Definition:
The process of extracting previously unknown data from large
data base and using it to make organizational descions.
Is connected with the discovery of hidden.
Usually Works on large volumes of data.
Is useful in making critical organisational descion, paticularly those of strategic
nature.
Why do we need data mining?
Data mining helps to develop
Smart market decision
Run accurate campaigns
Make predictions
With the help of Data mining,
we can analyze customer
behaviors and their insights.
This leads to great success and
data-driven business.
Uses of Data mining
Data Mining Data Mining
Finance
Discipline of data mining
Statics
Other
discipline
Discipline of Data Mining
Statics:
Statistics are the foundation of most technologies on which data mining is
built, e.g. regression analysis, standard distribution
Artificial intelligence:
Artificial intelligence, or AI, which is built upon
heuristics as opposed to statistics, attempts to apply human-thought-like processing to
statistical problems.
Machine learning:
Machine learning is the union of statistics and AI. It could be
considered an evolution of AI. Machine learning attempts to let computer programs
learn about the data they study.
Application of data mining
Industry Application
Finance Credit Card Analysis
Insurance Claims ,Fraud Analysis
Telecommunication Call record analysis
Transport Logistic management
Utilities Power usage analysis
Scientific Research Image ,Video ,speech
Steps of data mining
Data integration
Data selection
Data cleaning
Data transformation
Data mining
Pattern evaluation
Knowledge presentation
Working of data mining
Exploring and avalyzing large quantities of information to
derive relevant pattern and trends is involved in data
mining .There are some steps on which data mining
perform. The steps are following
Advantages of data mining
Enhancing the business
make precise predictions
Increase revenue
Improve cross sales
Increase loyalty
Retain customers
Mining
BASICS
Architecture
User