Assignment
What are the similarities,differences,advantages and disadvantages of the following over the other;
Data Mining and Warehousing,
Machine learning and Deep learning,
Artificial Intelligence and Expert system.
Data Mining and Warehousing: -
Both are business intelligence tools, which work upon huge sets. it gathers useful information which can be devised for many real time application line futuristic prediction , market analysis and customer behavior etc. Since it’s working strategy based on huge amount of data stored long time within different storage which brings under one hood so that it could be utilized in many actionable form.
Data WareHouse:-
It is technology to store data in very effective manner from
multiple sources,so that manipulate and stored logically.
Data warehouse is database system which is designed for analytical
analysis instead of transactional work.
Data is stored periodically.
Data warehousing is the process of extracting and storing data to
allow easier reporting.
Data warehousing is solely carried out by engineers.
Data mining is the process of analyzing data patterns.
Data is analyzed regularly.
DataMining:-
Storing data by Warehouse is extracted by this technology so
that it could be utilzed by business user or end user.
Use of pattern recognition logic to identify patterns by end
user.
It carried by business users with the help of engineers.
Data mining is considered as a process of extracting data from
large data sets which complied by datawarehouse.
DB(1)..DB(2)..DB(N)
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Extraction
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DATAWAREHOUSE(TECHNICAL LOGIC)
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CONTROLLER(SERVER)
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DATAMINING(BUSINESS LOGIC)
Disadvantages of Data mining: -
Privacy Issues
Security issues
Misuse of information/inaccurate information
Advantages of Data mining: -
Marketing / Retail
Help to build models based on historical data to predict who will respond to the new marketing campaigns such as direct mail, online marketing campaign etc.
Finance / Banking
Giving Information of customers ,client to determine their status . Based on historical data it is helpful to sanction or other business relationship with them.
Manufacturing
By applying data mining in operational engineering data, manufacturers can detect faulty equipment
Governments
Detecting money laundering or criminal activities.
DWH Advantages:
Saves Time and Money
Tracks Historically Intelligent Data
Limitations of using DWH
Extra Report Work.
Inflexibility and homogenization of data
Hidden issues consume time
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Deep learning is a subset of machine learning, and machine learning is a subset of AI.
Advantages : -
Massive Data Consumption from Unlimited Sources
Rapid Analysis Prediction and Processing
Interpret Past Customer Behaviors
Disadvantages :-
Implementation of set-up cost is very expensive few can afford it .
Creativity and behavioral aspects can’t be devised
It could be estimated that human can be replaced with machine
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An Expert System is defined as an interactive and reliable computer-based decision-making system which uses both facts and heuristics to solve complex decision-making problems.
Examples of Expert Systems
MYCIN ,DENDRAL ,PXDES,CaDet
Advantages expert systems
Disadvantages of the expert system
Assignment What are the similarities,differences,advantages and disadvantages of the following over the other; Data Mining and...
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