Data mining functions. Data mining generally refers to examining a large amount of data to extract valuable information. The data mining process uses predictive models based on existing and historical data to project potential outcome for business activities and transactions.What does data mining refer to?
Data Mining refers to a process by which patterns are extracted from data. Such patterns often provide insights into relationships that can be used to improve business decision making.What is the definition of data mining?
Definition: In simple words, data mining is defined as a process used to extract usable data from a larger set of any raw data. It implies analysing data patterns in large batches of data using one or more software.