Data Mining in Knowledge Management Quiz

The technical drivers of Data Mining include high volume transaction systems, data warehouses, and the Internet.

It is called the search for relationships and global patterns that exist in large databases but are hidden among the vast amount of data (Holsheimer and Kersyen 1994).

BI is a global term for all processes, techniques, and tools that support business decision making based on information technology. An example of its range is that approaches can range from a simple spreadsheet to an advanced decision support system.

<p>Data Mining plays a role in Customer Relationship Management by helping to find previously unknown and potentially interesting patterns and relations in large databases, as well as in automated approach to exhaustively explore and bring to the surface complex relationships in very large data sets.</p> Signup and view all the answers

<p>According to Fayyad et al. (1996), Data Mining is the process of finding previously unknown and potentially interesting patterns and relations in large databases.</p> Signup and view all the answers