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There are four main mining methods: underground, open surface (pit), placer, and in-situ mining. Underground mines are more expensive and are often used to reach deeper deposits.What are methods of data mining?
Basic data mining methods involve four particular types of tasks: classification, clustering, regression, and association. Classification takes the information present and merges it into defined groupings. Clustering removes the defined groupings and allows the data to classify itself by similar items.What are some examples of data mining?
The first example of Data Mining and Business Intelligence comes from service providers in the mobile phone and utilities industries. Mobile phone and utilities companies use Data Mining and Business Intelligence to predict ‘churn’, the terms they use for when a customer leaves their company to get their phone/gas/broadband from another provider.