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Data binning, also called data discrete binning or data bucketing, is a data pre-processing technique used to reduce the effects of minor observation errors. The original data values which fall into a given small interval, a bin , are replaced by a value representative of that interval, often a central value ( mean or median ).
Typically data is discretized into partitions of K equal lengths/width (equal intervals) or K% of the total data (equal frequencies). [1] Mechanisms for discretizing continuous data include Fayyad & Irani's MDL method, [2] which uses mutual information to recursively define the best bins, CAIM, CACC, Ameva, and many others [3]
Discretization is also related to discrete mathematics, and is an important component of granular computing. In this context, discretization may also refer to modification of variable or category granularity, as when multiple discrete variables are aggregated or multiple discrete categories fused.
Data Transformations: transformations allow for the mapping of user data into a more desirable form to be used by the mining model. PMML defines several kinds of simple data transformations. Normalization: map values to numbers, the input can be continuous or discrete. Discretization: map continuous values to discrete values.
The actual data mining task is the semi-automatic or automatic analysis of large quantities of data to extract previously unknown, interesting patterns such as groups of data records (cluster analysis), unusual records (anomaly detection), and dependencies (association rule mining, sequential pattern mining).
In discrete modelling, discrete formulae are fit to data. A common method in this form of modelling is to use recurrence relation. Discretization concerns the process of transferring continuous models and equations into discrete counterparts, often for the purposes of making calculations easier by using approximations.
Here are the basics on how Bitcoin mining works and some key risks to be aware of.
Oracle Data Mining (ODM) is an option of Oracle Database Enterprise Edition. ... Data sampling, binning, discretization, and other data transformations.