4. Data Mining helps to determine many things
like:-
Whether a prospect should receive loan or not.
Whether the day will be sunny, rainy or cloudy.
Price of the house after certain period of time.
How much a customer would spend during a sale.
….. and many others.
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8. Classification
It is one of the data mining techniques which categorizes data into
classes to get more accurate predictions
Gender classification on basis
of hair length
(Male or Female)
Classifying fruits from each fruit
feature like color, taste, size, weight
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9. Clustering
Cluster refers to group of objects.
Grouping data into clusters is
known as clustering.
If a pizza company wants to open its delivery centers across a city then
clustering algorithm will help them to do so.
They need to analyze:-
From where pizza is ordered frequently
How many stores are needed to fulfill the demands of that area.
These all things can be analyzed using clustering algorithm.
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10. Regression
It is a data mining technique which is used to determine relationship
between 2 or more variables.
It includes independent variable and dependent variable.
Regression can help us
maintain safety by Analyzing
and predicting road traffic
accident by deriving relation
between no. of accidents and
rash driving.
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