Saturday, April 20, 2019
Compare and contrast some aspects of classification, using at least Essay
Compare and contrast near aspects of classification, using at least three examples of different approaches and their strengths and weaknesses - Essay ExampleSoumen et al (2009) agree that selective information quantity surrounding us is humongous and the amount of information bombarding us is change magnitude. Making sense of this increasing entropy volume requires data exploit skills and techniques that have evolved with increase in computing power. An allied control is Competitive intelligence which is a discipline used for improving market standing, improving strategic thought seeing through morass of disinformation and market disruptions and interpreting events without getting emotionally swayed with pregnant data. It is about analyzing an luck or threat before it has materialized (Reviews 2007).Finding patterns in data is a common way of analysis. Scientists destiny to discover the pattern and use the patterns for developing theories that can be extended beyond the conc erned data in allied fields. This facilitates the scientists predict what will happen in newer situations. Intelligence is thus about using the available information in an efficient manner based on picture which may or may not be perfectly clear and exploiting the gleaned intelligence for making strategic decisions. selective information mining calls for electronic data storage and using of specified search for pattern identification. Global data duplicate by in every 20 months, and increased availability of machines that can digest and process such(prenominal) data have increased opportunities for data mining. Intelligently analyzed data may our only redemption in making sense of the growing data volume. Bits and pieces of information lead to understanding of the big picture. Data mining is using the existing data to solve problems and discovering patterns in data. Consumer shopping data might help in eliciting likely reason for customer loyalty and churn. Also data analysis on selfsame(prenominal) database may identify the reason why customer may be attracted to other product or service thus allowing development of special
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment