Home » Downloads » Research and describe one interesting application of data mining

Research and describe one interesting application of data mining

Research and describe one interesting application of data mining

Task 1 Data Mining

Research and describe one interesting application of data mining.Reminder about the Instructions:
A) Post an answer to the Discussion Question (100-word minimum).

Should be in APA format

TASK 2

Techniques for Predictive Modeling

For this your goal is to build a model to identify inputs or predictors that differentiate risky customers from others (based on patterns pertaining to previous customers) and then use these inputs to predict new risky customers. This sample case is typical for this domain. Please choose one of the techniques for predictive modeling and provide a report justifying your selection and the model you built, and your conclusion.Here is the sample data to be used in this hands-on activity.Credit Risk Data.xlsx  200 words

 

………………………………………………….Answer preview………………………………….

Companies with a strong consumer use data mining to drill down into their daily transactional data in order to determine price, satisfaction of customers, their preferences and corporate profits among others. Data mining has many applications among them being market basket analysis. This is a modeling technique that is based on the theory that a customer who buys a certain group of items is likely to buy another………………………………

APA

390 words

Get instant access to the full solution from yourhomeworksolutions by clicking the purchase button below

 

Accounting

Applied Sciences

Article Writing

Astronomy

Biology

Business

Calculus

Chemistry

Communications

Computer Science

Counselling

Criminology

Economics

Education

Engineering

English

Environmental

Ethics

Film

Food and Nutrition

Geography

Healthcare

History and Government

Human Resource Managment

Information Systems

Law

Literature

Management

Marketing

Mathematics

Nursing

Philospphy

Physics

Political Science

Psychology

Religion

Sociology

Statistics

Writing

Terms of service

Contact