Data Mining and Predictive Analytics Questions and All Correct Answers.

Data Mining and Predictive Analytics
Questions and All Correct Answers.
data mining - Answer automated process of finding relationships and patterns in stored data



data mining is motivated by... - Answer business need, large amounts of available data,
human's limited cognitive processing abilities



data mining enabled by.. - Answer data warehouses, parallel processing, and data mining
algos



web mining - Answer data mining focused on the analysis of web usage, structure, content



text mining - Answer using natural language processing and data mining to discover patterns
in collection of docs



image/video mining - Answer using image/video processing and analysis to uncover patterns
in collections of images/videos



OLAP, data mining - Answer in ... users create the hypotheses and in ... the algos create them



associations - Answer identifies occurences that are linked to a single event..market basket
analysis



sequences - Answer identifies events that are linked over time...appliance sales follow new
home sales



classification - Answer recognizes patterns that describe the group to which an item
belongs...customer who is likely to leave



clustering - Answer discovers different groupings within the data



forecasting - Answer estimates future values



supervised - Answer knowledge of output, data is labelled with a class or value

goal: predict class or value label