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What Are The Advantages Data Mining Over Traditional Approaches? |
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Answer» Data Mining is used for?the ESTIMATION of future. For example,?if we take a company/BUSINESS organization, by USING the concept of Data Mining, we can predict the future of business interms of Revenue (or) EMPLOYEES (or) Cutomers (or) Orders ETC. Traditional approches use?simple algorithms?for estimating the future. But, it does not give accurate results when compared to Data Mining. Data Mining is used for?the estimation of future. For example,?if we take a company/business organization, by using the concept of Data Mining, we can predict the future of business interms of Revenue (or) Employees (or) Cutomers (or) Orders etc. Traditional approches use?simple algorithms?for estimating the future. But, it does not give accurate results when compared to Data Mining. |
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