BI Glossary

Data Mining

What is Data Mining?

Data mining is extraction and discovery within large data sets to uncover anomalies, patterns and correlations using a broad array of machine learning techniques, statistics, and database systems to predict outcomes.

Five major elements of data mining are:

  1. Extract, transform and load
  2. Store and manage
  3. Access to analysts
  4. Analysis
  5. Visualization (graph, table, etc.)
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