Predictive Analytics I: Data Mining Process, Methods, and Algorithms - Data Mining Concepts and Applications
3 important questions on Predictive Analytics I: Data Mining Process, Methods, and Algorithms - Data Mining Concepts and Applications
Define Data Mining. Why are there many different names and definitions for data mining?
Software vendors wanted to include in the definition most forms of data analysis in order to increase sales with the popularity of the data mining label.
What are some major data mining methods and algorithms?
- Prediction
- Association
- Segmentation
- Decision trees
- Neural Networks
- Logistic regression
- discriminant analysis
- Support Vector Machines
- Genetic algorithms
What are the key differences between the major data mining tasks?
Clustering: partitions a collection of things. the class labels are unknown (unlike in classification)
Associations: objective is discover interesting relationshilps among variables in large databases.
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