Tell me something about data mining? Where is it used? Can you tell its 3 applications?



Tell me something about data mining? Where is it used? Can you tell its 3 applications?..

Answer / Abhinay Kuamr

Data Mining is a process of discovering patterns, correlations, and anomalies within large datasets. It's used extensively in various industries such as marketing, healthcare, finance, and e-commerce. Three common applications include market basket analysis (identifying products frequently bought together), customer segmentation (grouping customers based on behavior), and fraud detection (identifying unusual patterns that may indicate fraudulent activity).

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