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Sunday, April 21, 2013

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information Mining In todays business world, information nearly the customer is a necessity for a businesses trying to increase its profits. A new, and important, tool in gaining this knowledge is info Mining. Data Mining is a set of automated procedures used to chance upon previously unknown patterns and relationships in data. These patterns and relationships, once extracted, can be used to make valid predictions about the behavior of the customer.
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Data Mining is generally used for four main tasks: (1) to emend the process of making new customers and retaining customers; (2) to reduce fraud; (3) to constitute internal wastefulness and deal with that wastefulness in operations, and (4) to map unexplored areas of the internet (Cavoukian). The fulfillment of these tasks can be heighten if appropriate data has been collected and if that data is stored in a data warehouse. This makes it much easier and more efficient to run queries everyplace data that originally came from different sources.&quo...
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