Discussion Post: Artificial Intelligence
I)
• Define data mining. Why are there many names and definitions for data mining?
• What are the main reasons for the recent popularity of data mining?
• Discuss what an organization should consider before making a decision to purchase data mining software.
• Distinguish data mining from other analytical tools and techniques.
• Discuss the main data mining methods. What are the fundamental differences among them?
II) Go to teradatauniversitynetwork.com. Locate Web seminars related to data mining. In particular, locate and watch a seminar given by C. Imhoff and T. Zouqes. Then answer the following questions:
• What are some of the interesting applications of data mining?
• What types of payoffs and costs can organizations expect from data mining initiatives?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.