What is Data mining? Data mining is a process of analyzing current data and summarizing the information in more useful manner. It is useful in analyzing how good business is going and also helps in forecasting business status.
What is Data mining?- Pattern extraction from data is a process called Data mining. Transforming data doubles over a period of time into information is the prime factor for data mining. It is used in marketing, surveillance, fraud detection and scientific discovery like profiling practices.
- It is important to be aware of the use of non-representative samples of data may cause results that is not indicative of the domain. Data mining will also not find the patterns which may be present in the domain. Verification and validation of the patterns on other samples of data is an important process in data mining.