Data mining is a data analysis innovation first discussed in the 1990s. "Big data" and analytics has led to a renewed and expanded interest in data mining technologies. Academics tend to use the related terms Knowledge Discovery and Intelligent Decision Support Methods (Dhar and Stein, 1997) or more derogatory terms like data surfing or data dredging. In general, data mining is a group of analytical methods like neural networks, genetic algorithms, and decision trees, that help people conduct computerized searchs for patterns in a data set. Data mining is both a process and a set of tools.
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Posted November 29, 2015 10:12 AM
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