BI: Week 4 Assignment

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 Complete the following assignment in one MS word document: 

Chapter 4:

Discussion Question 1: Define data mining. Why are there many names and definitions for data mining?

Discussion Question 2: What are the main reasons for the recent popularity of data mining?

Discussion Question 3: Discuss what an organization should consider before making a decision to purchase data mining software?

Discussion Question 4: Distinguish data mining from other analytical tools and techniques?

Discussion Question 5: Discuss the main data mining methods. What are the fundamental differences among them?

Exercise 1: Visit www.teradatauniversitynetwork.com. Identify case studies and white papers about data mining. Describe recent developments in the field of data mining and predictive modeling.

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