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Monday, January 6, 2014

Data Mining

webcast summary entropy Mining 101: How to Reveal current Insights in Existing selective information to Improve Performance Insights from a webinar in the SAS Applying commercial enterprise Analytics Series Originally interpenetrate in June 2010 Featuring: tapan Patel, Global trade manager, sas wayne thompson, analytics Product manager, sas chris stephens, Product manager, sas Data Mining 101 the ability to perk up effective, fact-based decisions is non based on info quantity. most ecesiss atomic cast 18 awash in data too a good deal of it, in many cases. rather, success is based on an organizations ability to discover more meaningful and prophetic insights from the data it already has. that was the topic of a sas webinar in the applying root analytics serial showing how predictive analytics and data mining suffer let out new insights out of existing data to improve business performance. the presentation focused on how to: Discovernewand per tinentinsightswithspeedandflexibility. Analyzedatatofindusefulresultswithconfidence. be activequicklytomakebetterdecisionsanddrivebetteractions. superintendanalysesandresultstoverifycontinuedrelevanceandaccuracy. Effectivelymanageagrowingportfolioofpredictiveas garbs. Top Three Big Ideas in Predictive Analytics and Data Mining 1.
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Forward-thinking organizations are using data mining to follow fraud, minimize risk, anticipate re citation demands, increase reply rates for marketing campaigns and curb customer attrition. this type of predictive analytics has become increasingly important as a pedigree of c ompetitive advantage. 2. the sas® data mini! ng process is summarized in the acronym semma, which standsforthe quintettestepsoftheprocess: attempt the data by creating a target data set large enough to forbear the significantinformation,yetsmallenoughtoprocess. Explore the data by searching for anticipated relationships, unanticipated trends, and anomalies in magnitude to brighten understanding and ideas. Modify...If you want to get a adequate essay, decree it on our website: OrderCustomPaper.com

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