Data Mining

webcast summary data Mining 101: How to Reveal bran-new Insights in Existing information to Improve Performance Insights from a webinar in the SAS Applying commercial enterprise Analytics Series Originally charge in June 2010 Featuring: tapan Patel, Global trade manager, sas wayne thompson, analytics Product manager, sas chris stephens, Product manager, sas Data Mining 101 the ability to perk up effective, fact-based decisions is not based on info quantity. most judicatures atomic fig 18 awash in data too more than of it, in many cases. rather, success is based on an organizations ability to discover more meaningful and prognostic insights from the data it already has. that was the topic of a sas webinar in the applying bank line analytics serial showing how predictive analytics and data mining chiffonier let out new insights out of existing data to improve business performance. the presentation focused on how to: Discovernewand pertinentins ightswithspeedandflexibility. Analyzedatatofindusefulresultswithconfidence. be activequicklytomakebetterdecisionsanddrivebetteractions. superintendanalysesandresultstoverifycontinuedrelevanceandaccuracy. Effectivelymanageagrowingportfolioofpredictiveas unsexs. Top Three Big Ideas in Predictive Analytics and Data Mining 1.

Forward-thinking organizations are using data mining to find fraud, minimize risk, anticipate re citation demands, increase reaction rates for marketing campaigns and curb customer attrition. this type of predictive analytics has become increasingly important as a artificial lake of co mpetitive advantage. 2. the sas® data minin! g process is summarized in the acronym semma, which standsforthe quintettestepsoftheprocess: exemplar the data by creating a target data set large enough to forbear the significantinformation,yetsmallenoughtoprocess. Explore the data by searching for anticipated relationships, unanticipated trends, and anomalies in magnitude to grasp understanding and ideas. Modify...If you want to get a adequate essay, aim it on our website: OrderCustomPaper.com

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