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Data Mining Methods

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 Data Mining Methods. Data mining is refereed to as extracting or mining knowledge from large amounts of data. It involves discovering useful patterns and relationships within complex data sets. Data mining encompasses various methods and techniques for discovering patterns, trends, and insights from large datasets. Here are some commonly used data mining methods: Data Mining Methods Association Rule Learning:  Association rule mining identifies patterns of co-occurrence or association between items in a dataset. It is commonly used in market basket analysis to discover relationships between products frequently purchased together. Classification:   Classification algorithms categorize data into predefined classes or categories based on input features. Common classification algorithms include decision trees, logistic regression, support vector machines (SVM), and naive Bayes classifiers. Clustering:   Clustering algorithms group similar data points into clusters or s...

The Growth of data and its impact: (including measures of data)

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Growth of data  The growth of data, often referred to as data proliferation or data explosion, is a phenomenon driven by various factors such as technological advancements, digitalisation of processes, increased connectivity, and the widespread adoption of Internet-connected devices. This growth is characterized by an exponential increase in the volume, velocity, variety, and veracity of data. these measures of data growth presents both opportunities and challenges for organizations seeking to harness the power of data for insights, innovation, and competitive advantage. Effective management, processing, and analysis of big data require a combination of technology, expertise, and organizational capabilities. The world of data growth and its impact: Global Data Creation The total amount of data created, captured, copied, and consumed globally has been on a rapid rise, ln 2020, the world witnessed 64.2 zettabytes of data and over the next five years (up to 2025), global data creation...