Mining Flashcards
Data mining meaning
The practice of examining large pre-existing databases in order to generate new information
CRISP-DM
1 business understanding 2 data understanding 3 data prep 4 model building 5 testing and evaluation 6 deployment
Association rule mining
Finding inherent regularities in data
Enterprise data mining
(Predictive data mining methods)
Regression - predicts continuous values e.g. Insurance rates
Classification - predicts categorical values (classes) e.g. Credit rating
Linear regression analysis
Computing the correlation between variables to predict future behavior (e.g. Market basket analysis)
Text mining
Semi automated process of extracting knowledge from unstructured data sources e.g. Posts
Web mining
The process of discovering intrinsic relationships from web data and can be broken into content, structure and usage