Data Mining Artifact

Data Mining Artifact
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  • Data Mining
  • Hello, my name is Tom. Come along with me, I will be showing you around a data mine today.
  • About Data Mining
  • On our way, I'll tell you about data mining. The mining compiles raw data.
  • The data is from businesses, science simulations, sensing technology, and the news. It is later analyzed for further use.
  • Why Data Mine?
  • Oh, hello Francis! I was just telling the people about data mining!
  • Wonderful! The applications of data mining are astounding! It can help with risk assessment, profile construction, fraud detection, and forecasting.
  • Into the Data Mine
  • Down here is where the magic happens.  Mind your step!
  •  Down here, you can expect data in the form of patterns from all the input we collect.
  • Taking the Data Up
  • Despite common perception, data mining is not inherently evil or dangerous
  • What the Data Is Used For
  • Meet KDD, or Knowledge Discovery in Databases, bot.
  • Insurance Profile: -Low Risk Patterns Insurance Premium: -Low
  • Indeed, it often is a reflection of the ethics of its operators and must be analyzed for meaning before it is useful.
  • The KDD process interprets the data for meaning before it is applied the needs of other fields.
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