Overview
Data mining is sorting large datasets and identifying patterns and relationships that help solve business problems through
- Association rule learning
- Clustering analysis
- Regression analysis
Why is data mining important?
Data mining is collecting enormous amounts of data to extract insights and visions from that data. Nowadays, the data industry's need is continuously increasing, which has boosted the demand for data analysts and data scientists. Using this approach, we evaluate data and then turn it into useful information.
Data mining software is beneficial for businesses since it enables the discovery of hidden patterns for personal use. These patterns improve commercial relationships since they are used in data analysis and predictions.
The diagram below shows the data types that can be mined to achieve optimization.
