Data Mining

webcast summary entropy Mining 101: How to Reveal advanced Insights in Existing selective information to Improve Performance Insights from a webinar in the SAS Applying commercial enterprise Analytics Series Originally institutionalize 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 transcriptions atomic tally 18 awash in selective information too frequently of it, in many cases. rather, success is based on an organizations ability to discover more meaningful and prognosticative insights from the data it already has. that was the topic of a sas webinar in the applying derivation analytics serial showing how prophetic analytics and data mining bunghole let out new insights out of existing data to improve business performance. the presentation f ocused on how to: Discovernewand pertinentinsightswithspeedandflexibility. Analyzedatatofindusefulresultswithconfidence. be activequicklytomakebetterdecisionsanddrivebetteractions. superintendanalysesandresultstoverifycontinuedrelevanceandaccuracy. Effectivelymanageagrowingportfolioofpredictiveas stigmatises. Top Three Big Ideas in Predictive Analytics and Data Mining 1. Forward-thinking organizations are using data mining to note fraud, minimize risk, anticipate re citation demands, increase receipt rates for marketing campaigns and curb customer attrition. this type of predictive analytics has become increasingly important as a outset of competitive advantage. 2. the sas® data mining process is summarized in the acronym semma, which standsforthe quintettestepsoftheprocess: try the data by creating a target data set large enough to forbear the significantinformation,yetsmallenoughtoprocess. Explore the data by searching for anticipated relationships, unanticipa ted trends, and anomalies in magnitude to ! recognize understanding and ideas. Modify...If you want to get a adequate essay, pose it on our website: OrderCustomPaper.com

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