Internet Data Mining Using Statistical Techniques

Author(s):  
Kuldeep Kumar

Data mining has emerged as one of the hottest topics in recent years. It is an extraordinarily broad area and is growing in several directions. With the advancement of the Internet and cheap availability of powerful computers, data is flooding the market at a tremendous pace. However, the technology for navigating, exploring, visualising, and summarising large databases is still in its infancy. Internet data mining is the process of collecting, analysing, and decision making while the data is being collected on the Internet. In most of the financial applications, data is updated every second or minute or hour. By using Internet data-mining tools, a decision can be made as soon as data are updated.

2008 ◽  
pp. 1446-1453
Author(s):  
Kuldeep Kumar

Data mining has emerged as one of the hottest topics in recent years. It is an extraordinarily broad area and is growing in several directions. With the advancement of the Internet and cheap availability of powerful computers, data is flooding the market at a tremendous pace. However, the technology for navigating, exploring, visualising, and summarising large databases is still in its infancy. Internet data mining is the process of collecting, analysing, and decision making while the data is being collected on the Internet. In most of the financial applications, data is updated every second or minute or hour. By using Internet data-mining tools, a decision can be made as soon as data are updated.


Author(s):  
John Wang ◽  
Qiyang Chen ◽  
James Yao

Data mining is the process of extracting previously unknown information from large databases or data warehouses and using it to make crucial business decisions. Data mining tools find patterns in the data and infer rules from them. The extracted information can be used to form a prediction or classification model, identify relations between database records, or provide a summary of the databases being mined. Those patterns and rules can be used to guide decision making and forecast the effect of those decisions, and data mining can speed analysis by focusing attention on the most important variables.


2009 ◽  
pp. 1050-1061
Author(s):  
K. Anbumani ◽  
R. Nedunchezhian

Data mining techniques have been widely used for extracting non-trivial information from massive amounts of data. They help in strategic decision- making as well as many more applications. However, data mining also has a few demerits apart from its usefulness. Sensitive information contained in the database may be brought out by the data mining tools. Different approaches are being utilized to hide the sensitive information. The proposed work in this article applies a novel method to access the generating transactions with minimum effort from the transactional database. It helps in reducing the time complexity of any hiding algorithm. The theoretical and empirical analysis of the algorithm shows that hiding of data using this proposed work performs association rule hiding quicker than other algorithms.


Author(s):  
Richard Peterson

Data mining is the process of extracting previously unknown information from large databases or data warehouses and using it to make crucial business decisions. Data mining tools find patterns in the data and infer rules from them. The extracted information can be used to form a prediction or classification model, identify relations between database records, or provide a summary of the databases being mined. Those patterns and rules can be used to guide decision making and forecast the effect of those decisions, and data mining can speed analysis by focusing attention on the most important variables.


2019 ◽  
Vol 8 (4) ◽  
pp. 2527-2530

These days new technologies have been introduced by this new academic trends also have been came into existence into the education system. And this leads to huge amounts of data which makes a big challenge for the students to store the preferred course. For this many data mining tools have been invented to convert the unregulated data into structured format to understand the meaningful information. As we know that Hadoop is a distributed file system which is used to hold huge amounts of data this stores the files in a redundant fashion across multiple machines. Due to this it leads to failure and parallel applications do not work. To avoid this problem we are using Mapreduce for decision making of students in order to choose their preferred course for industrial training purpose for their effective learning techniques to increase their knowledge and capability.


Author(s):  
Abdulrahman R. Alazemi ◽  
Abdulaziz R. Alazemi

The advent of information technologies brought with it the availability of huge amounts of data to be utilized by enterprises. Data mining technologies are used to search vast amounts of data for vital insight regarding business. Data mining is used to acquire business intelligence and to acquire hidden knowledge in large databases or the Internet. Business intelligence can find hidden relations, predict future outcomes, and speculate and allocate resources. This uncovered knowledge helps in gaining competitive advantages, better customer relationships, and even fraud detection. In this chapter, the authors describe how data mining is used to achieve business intelligence. Furthermore, they look into some of the challenges in achieving business intelligence.


Author(s):  
Hamid R. Nemati ◽  
Christopher D. Barko

An increasing number of organizations are struggling to overcome “information paralysis” — there is so much data available that it is difficult to understand what is and is not relevant. In addition, managerial intuition and instinct are more prevalent than hard facts in driving organizational decisions. Organizational Data Mining (ODM) is defined as leveraging data mining tools and technologies to enhance the decision-making process by transforming data into valuable and actionable knowledge to gain a competitive advantage (Nemati & Barko, 2001). The fundamentals of ODM can be categorized into three fields: Artificial Intelligence (AI), Information Technology (IT), and Organizational Theory (OT), with OT being the core differentiator between ODM and data mining. We take a brief look at the current status of ODM research and how a sample of organizations is benefiting. Next we examine the evolution of ODM and conclude our chapter by contemplating its challenging yet opportunistic future.


Author(s):  
K. Abumani ◽  
R. Nedunchezhian

Data mining techniques have been widely used for extracting non-trivial information from massive amounts of data. They help in strategic decision-making as well as many more applications. However, data mining also has a few demerits apart from its usefulness. Sensitive information contained in the database may be brought out by the data mining tools. Different approaches are being utilized to hide the sensitive information. The proposed work in this article applies a novel method to access the generating transactions with minimum effort from the transactional database. It helps in reducing the time complexity of any hiding algorithm. The theoretical and empirical analysis of the algorithm shows that hiding of data using this proposed work performs association rule hiding quicker than other algorithms.


2016 ◽  
pp. 49-72 ◽  
Author(s):  
Abdulrahman R. Alazemi ◽  
Abdulaziz R. Alazemi

The advent of information technologies brought with it the availability of huge amounts of data to be utilized by enterprises. Data mining technologies are used to search vast amounts of data for vital insight regarding business. Data mining is used to acquire business intelligence and to acquire hidden knowledge in large databases or the Internet. Business intelligence can find hidden relations, predict future outcomes, and speculate and allocate resources. This uncovered knowledge helps in gaining competitive advantages, better customer relationships, and even fraud detection. In this chapter, the authors describe how data mining is used to achieve business intelligence. Furthermore, they look into some of the challenges in achieving business intelligence.


Author(s):  
Shamsul I. Chowdhury

Over the last decade data warehousing and data mining tools have evolved from research into a unique and popular applications, ranging from data warehousing and data mining for decision support to business intelligence and other kind of applications. The chapter presents and discusses data warehousing methodologies along with the main components of data mining tools and technologies and how they all could be integrated together for knowledge management in a broader sense. Knowledge management refers to the set of processes developed in an organization to create, extract, transfer, store and apply knowledge. The chapter also focuses on how data mining tools and technologies could be used in extracting knowledge from large databases or data warehouses. Knowledge management increases the ability of an organization to learn from its environment and to incorporate knowledge into the business processes by adapting to new tools and technologies. Knowledge management is also about the reusability of the knowledge that is being extracted and stored in the knowledge base. One way to improve the reusability is to use this knowledge base as front-ends to case-based reasoning (CBR) applications. The chapter further focuses on the reusability issues of knowledge management and presents an integrated framework for knowledge management by combining data mining (DM) tools and technologies with CBR methodologies. The purpose of the integrated framework is to discover, validate, retain, reuse and share knowledge in an organization with its internal users as well as its external users. The framework is independent of application domain and would be suitable for uses in areas, such as data mining and knowledge management in e-government.


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