Answer: given in the explanation
Explanation:
Data mining is referred as an automated processing tool used for sorting and analyzing enormous data and information which indeed are ``aimed towards effectively identifying trends and patterns and establishing relationships to solve business problems and generate new opportunities. Furthermore data mining techniques also helps to predict what’s going to happen in the future and act accordingly to take benefit of forthcoming tendencies.
Data mining is applied to a variety of large-scale data-processing activities such as collecting, extracting, warehousing and analyzing data. It also includes decision-support applications and technologies such as business artificial intelligence and machine learning and is used in varied areas of business research such as product development, sales and marketing etc.
Data mining is for taking advantage of data to predict
;
- Mathematical algorithms, and, data are used for predictive analytics. One can capture information, and, use it to model sales pattern, trends, and, customer behaviour
- Data mining uses algorithms to extract, and, analyze information; discover hidden patterns
- It uses data patterns, and, is thus closely tied to machine learning
- Historical & current information is used to predict future trends
Data mining can be used for the following:
- Data mining in gas & oil operations - Mining data in gas & oil operations involves committing to key technologies, and, processes; and, embracing new ways of thinking & problem-solving. Firms can use exploratory data analysis, modelling techniques & model development; approaches to put models into production
- Big data - Performance computing & advanced analytics
- Magic Quadrant - Evaluate 16 vendors to identify the right ones
- Heavy reading, network analytics - Optimize network; evaluate network performance; provide targeted marketing; fine-tune capacity.
Answer:
Device management controls peripheral devices by sending them commands in their proprietary machine language. The software routine that deals with each device is called a "driver," and the OS requires drivers for each of the peripherals attached to the computer.
Explanation:
Answer:
Option 1 i.e., Substitute products or services.
Explanation:
The printed encyclopedia industrial sector lost to the economic power of replacing goods or services.
In the industrial countries, the current economic situation is not feasible in terms of its consumption of products as per capita. The ' service economy ' applies not only for the tertiary sector but for an economy in which businesses generate the balance of income, and most workers are also in service operations.
Answer:
describing the structure of an information processing program or another process. Many introductory programming and systems analysis texts introduce this as the most basic structure for describing a process.
Explanation:
- A requirement from the environment (input)
- A computation based on the requirement (process)
- A provision for the environment (output)
Example: A small engineering firm believes there are problems with its hiring process. Several of the junior engineers that have been hired remained at the firm for less than one year. This is a considerable cost to the firm, since recruiting and training new engineers is time consuming and expensive. The human resources manager decides to put together a group of people with extensive experience hiring new engineers. One of their first tasks is to produce an input-output model of the hiring process. They generate the following.
