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Data mining is an interdisciplinary subfield of computer science and statistics with an overall goal of extracting information (with intelligent methods) from a data set and transforming the information into a comprehensible structure for further use.
In business, data mining is the analysis of historical business activities, stored as static data in data warehouse databases. The goal is to reveal hidden patterns and trends. Data mining software uses advanced pattern recognition algorithms to sift through large amounts of data to assist in discovering previously unknown strategic business ...
The modern conception of data science as an independent discipline is sometimes attributed to William S. Cleveland. [23] In 2014, the American Statistical Association's Section on Statistical Learning and Data Mining changed its name to the Section on Statistical Learning and Data Science, reflecting the ascendant popularity of data science. [24]
Data Mining and Knowledge Discovery is a bimonthly peer-reviewed scientific journal focusing on data mining published by Springer Science+Business Media. It was started in 1996 and launched in 1997 by Usama Fayyad as founding Editor-in-Chief by Kluwer Academic Publishers (later becoming Springer).
Text mining, text data mining (TDM) or text analytics is the process of deriving high-quality information from text.It involves "the discovery by computer of new, previously unknown information, by automatically extracting information from different written resources."
The data-driven journalism process. Veglis and Bratsas defined data journalism as "the process of extracting useful information from data, writing articles based on the information, and embedding visualizations (interacting in some cases) in the articles that help readers understand the significance of the story or allow them to pinpoint data that relate to them" [5]
Considering all the above-mentioned definitions, affinity analysis can develop rules that will predict the occurrence of an event based on the occurrence of other events. This data mining method has been explored in different fields including disease diagnosis, market basket analysis, retail industry, higher education, and financial analysis.
This area of journalism provides news and feature articles about people, places, and issues related to the business sector. Most [quantify] newspapers, magazines, radio, and television-news shows include a business segment. Detailed and in-depth business journalism may appear in publications, radio, and television channels dedicated ...