bd
While we will not directly cover concepts related to data mining in this course, I did want you to learn about this topic. Various types of data analysis, including the methods discussed in several previous chapters, are crucial to the success of most companies in today’s data-driven business world. However, the sheer volume of available data often defies traditional methods of data analysis. Therefore, new methods—and accompanying software—have been developed under the name of data mining.
Data mining attempts to discover patterns, trends, and relationships among data, especially non-obvious and unexpected patterns. For example, an analysis might discover that people who purchase skim milk also tend to purchase whole wheat bread, or that cars built on Mondays before 10 a.m. on production line #5 using parts from supplier ABC have significantly more defects than average. This new knowledge can then be used for more effective management of a business.
With this foundational understanding, watch the following Ted Talk (Links to an external site.) and then answer each of the questions below:
· Provide your thoughts on the message and your perceived impact of this message on our society.
· Is the sheer volume of data collected by companies based on our actions something that we should be concerned about?
· Have you been subjected to data mining tactics that influenced your purchase decisions? Were you aware?
· From a business perspective, should companies have any concerns about the abundance of information that they collect? Why or why not.
Web link: https://www.ted.com/talks/alessandro_acquisti_what_will_a_future_without_secrets_look_like
i need 4 different answers, each answer only 200-250word,like 2 – 3 well-developed paragraphs, total is 4 page, each answer for 1 page.
these answer , one for me, another three for me 3 friends