Podcast
Questions and Answers
What is data mining?
What is data mining?
- The process of encrypting data for secure storage
- The process of creating new data from existing datasets
- The process of storing and organizing data in a database
- The process of sifting through and analyzing vast amounts of data to extract hidden patterns and meaning (correct)
What are some areas where data-mining techniques are used?
What are some areas where data-mining techniques are used?
- Medicine, engineering, architecture, and agriculture
- Physics, astronomy, chemistry, and geology
- Mathematics, cybernetics, genetics, and marketing (correct)
- Economics, sociology, anthropology, and linguistics
What was the example of a short-term payoff from data mining mentioned in the text?
What was the example of a short-term payoff from data mining mentioned in the text?
- Discovering new residential customers through extensive data analysis
- Identifying small businesses disguising as residential customers to avoid higher phone service rates (correct)
- Locating inconsistencies in mortgage payments for tax evasion purposes
- Identifying high-spending residential customers for targeted marketing
How are massively parallel database computers utilized in handling vast databases?
How are massively parallel database computers utilized in handling vast databases?
What is the purpose of data-mining techniques mentioned in the text?
What is the purpose of data-mining techniques mentioned in the text?