Data mining is the process of discovering patterns, trends, and useful information from large sets of data using statistical, mathematical, and computational techniques. It involves analyzing data from various perspectives and summarizing it into valuable information that can facilitate decision-making. Data mining combines aspects of database management, machine learning, and artificial intelligence to extract insights that can inform predictions and uncover hidden relationships in the data. It is commonly used in various fields such as marketing, finance, healthcare, and scientific research to identify patterns, support business strategies, and improve data-driven decision-making. Key techniques in data mining include classification, clustering, regression, and association rule learning. Ultimately, data mining transforms raw data into meaningful insights that can drive impactful actions.
Streamline Your Data Analysis Are you looking to access specific market data tailored to your region? With just a few clicks, you can customize the data you see. Simply locate…