Business Intelligence, Data mining

Business Intelligence, Data mining

Business Intelligence, data mining

Complete the following assignment in one MS word document:

Chapter 4 – discussion question #1-5 & exercise 1

When submitting work, be sure to include an APA cover page and include at least two APA formatted references (and APA in-text citations) to support the work.
All work must be original (not copied from any source).

Discussion Questions:

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

2. What are the main reasons for the recent popularity of data mining?

3. Discuss what an organization should consider before making a decision to purchase data mining software.

4. Distinguish data mining from other analytical tools and techniques.

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

Exercise 1:

Visit Identify case studies and white papers about data mining. Describe  recent developments in the field of data mining and  predictive modeling