The second step in data mining process is the application of various modeling techniques. These are used to calibrate the parameters to optimal values. Techniques employed largely depend on analytic ...

Data mining is a growing field of research at the nexus of computer science and statistics. With the advent of the Internet and remote sensing, the challenges of manipulating and learning from “big ...

eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More Data mining is the umbrella term for the process of ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Natalya Yashina is a CPA, DASM with over 12 years of experience in ...

No business can be data-driven if the only people interested in data analysis are the analysts. Just as the guidance of accountants and attorneys shapes everyday business, analytics must be integrated ...

The recent release of the alpha client for Warlords of Draenor means that there's a lot of talk about data mining that's going around the community. But if you aren't up on your tech jargon, this ...

In the rapidly changing business environment, with global competition and maturing markets, competitive advantage is extremely important. Business can exploit the wealth of massive amounts of data ...

Traditional marketing research often involves assessing the overall market for a good or service, surveying consumers about their likes and dislikes, and conducting focus groups to gauge consumer ...

A variety of software products and services are being introduced to analyze complex biological and chemical data in an intuitive and efficient manner. Data mining has been defined as “the nontrivial ...