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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.
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).
Data science process flowchart from Doing Data Science, by Schutt & O'Neil (2013) Analysis refers to dividing a whole into its separate components for individual examination. [ 10 ] Data analysis is a process for obtaining raw data , and subsequently converting it into information useful for decision-making by users. [ 1 ]
The International Journal of Data Warehousing and Mining (IJDWM) [1] is a quarterly peer-reviewed academic journal covering data warehousing and data mining. It was established in 2005 and is published by IGI Global. The editor-in-chief is David Taniar (Monash University, Australia).
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 ...
In modern management usage, the term data is increasingly replaced by information or even knowledge in a non-technical context. Thus data management has become information management or knowledge management. This trend obscures the raw data processing and renders interpretation implicit. The distinction between data and derived value is ...
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Data science is multifaceted and can be described as a science, a research paradigm, a research method, a discipline, a workflow, and a profession. [4] Data science is "a concept to unify statistics, data analysis, informatics, and their related methods" to "understand and analyze actual phenomena" with data. [5]