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Data Minig Tecnique

Regression modeling, visualization, correlation, variance analysis, discriminate analysis, forecasting, cluster analysis, decision trees, and neural networks are described as common data mining techniques. These techniques can be applied to categories like classification, clustering, regression, and association. Organizations are under pressure to compete and need rapid decision support based on analyzing and forecasting predictive behavior, which data warehousing and data mining techniques can provide.

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Deepanshu
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70 views1 page

Data Minig Tecnique

Regression modeling, visualization, correlation, variance analysis, discriminate analysis, forecasting, cluster analysis, decision trees, and neural networks are described as common data mining techniques. These techniques can be applied to categories like classification, clustering, regression, and association. Organizations are under pressure to compete and need rapid decision support based on analyzing and forecasting predictive behavior, which data warehousing and data mining techniques can provide.

Uploaded by

Deepanshu
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Data-mining techniques

March 3, 2009 by Deepanshu Mehta

The following list describes many data-mining techniques in use today. Each of these
techniques exists in several variations and can be applied to one or more of the categories
above.

• Regression modeling—This technique applies standard statistics to data to prove


or disprove a hypothesis. One example of this is linear regression, in which
variables are measured against a standard or target variable path over time. A
second example is logistic regression, where the probability of an event is
predicted based on known values in correlation with the occurrence of prior
similar events.
• Visualization—This technique builds multidimensional graphs to allow a data
analyst to decipher trends, patterns, or relationships.
• Correlation—This technique identifies relationships between two or more
variables in a data group.
• Variance analysis—This is a statistical technique to identify differences in mean
values between a target or known variable and nondependent variables or variable
groups.
• Discriminate analysis—This is a classification technique used to identify or
“discriminate” the factors leading to membership within a grouping.
• Forecasting—Forecasting techniques predict variable outcomes based on the
known outcomes of past events.
• Cluster analysis—This technique reduces data instances to cluster groupings and
then analyzes the attributes displayed by each group.
• Decision trees—Decision trees separate data based on sets of rules that can be
described in “if-then-else” language.
• Neural networks—Neural networks are data models that are meant to simulate
cognitive functions. These techniques “learn” with each iteration through the data,
allowing for greater flexibility in the discovery of patterns and trends.

Conclusion
Organizations today are under tremendous pressure to compete in an environment of tight
deadlines and reduced profits. Legacy business processes that require data to be extracted
and manipulated prior to use will no longer be acceptable. Instead, enterprises need rapid
decision support based on the analysis and forecasting of predictive behavior. Data-
warehousing and data-mining techniques provide this capability

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