Uploaded on Jan 20, 2022
PPT to Introduction To Data Mining and Database Theory.
Introduction To Data Mining and Database Theory
DATA MINING AND DATABASE
THEORY
What Is Data Mining?
• Data mining is an automated process that consists of searching large datasets for
patterns humans might not spot.
• For example, weather forecasting analyzes troves of historical data to identify
patterns and predict future weather conditions based on time of year, climate, and
other variables.
Source: www.springboard.com
How Does Data Mining Work?
• In the information economy, data is
downloaded, stored, and analyzed for most
every transaction we perform, from Google
searches to online shopping.
• The benefits of data mining are applicable
across industries, from supply chains to
healthcare, advertising, and marketing.
Source: www.springboard.com
Data Mining Process
• Collection: Data is collected, organized, and
loaded into a data warehouse.
• Understanding: Business analysts and data
scientists will examine the properties of the
data.
• Preparation: Data must be cleaned,
constructed, and formatted into the desired
form.
• Modeling: Modeling techniques are
selected for the prepared dataset.
• Evaluation: The model results are evaluated
in the context of business objectives.
Source: www.springboard.com
Data mining vs. data analysis
• Data mining is a systematic process of
identifying and discovering hidden patterns
and information in a large dataset.
• Data analysis is a subset of data mining,
which involves analyzing and visualizing
data to derive conclusions.
Source: www.springboard.com
Data mining vs. machine learning
• Machine learning is the design, study, and
development of algorithms that enable
machines to learn without human
intervention.
• Both data mining and machine learning fall
under the field of data science, which is
why the two terms are often confused.
Source: www.springboard.com
Data mining vs. data warehousing
• Data warehousing is a process that is used
to integrate data from multiple sources into
a single database.
• Unlike data mining, data warehousing does
not involve extracting insights from data.
Source: www.springboard.com
IMPORTANCE OF DATAMINING
Marketing
• Big data makes it possible to extract
predictive insights about consumers from
large databases, enabling businesses to
learn more about their customers.
• Data mining is also used for market
segmentation.
• Some businesses use predictive analytics to
infer implicit or future customer needs.
Source: www.springboard.com
Business analytics
• Business analytics is the process of
transforming data into business insights.
• The focus of business analytics is on
recognizing patterns, developing models to
explain past events, create predictions for
future events, and recommend actions to
optimize business outcomes.
Source: www.springboard.com
Database theory
• Database theory encapsulates a broad range of topics related to the study and
research of the theoretical realm of databases and database management systems.
Source: www.springboard.com
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