| data mining
n. The automatic extraction of useful, often previously unknown information from large databases or data sets. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
| data mining | |
noun | |
| data processing using sophisticated data search capabilities and statistical algorithms to discover patterns and correlations in large preexisting databases; a way to discover new meaning in data |
data mining
The technique of identifying patterns and relationships within large databases through the use of advanced statistical methods.
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Data Mining
A type of database application that looks for hidden patterns in large groups of data.
Investopedia Commentary
For example, data mining software can help grocery stores target customers based on their recent purchases.
Related Links
Data Mining For Investing
Great Expectations: Forecasting Sales Growth
data mining database
Analysis of data in a database using tools which look for trends or anomalies without knowledge of the meaning of the data. Data mining was invented by IBM who hold some related patents.
Data mining may well be done on a data warehouse.
ShowCase STRATEGY is an example of a data mining tool.
(2001-02-08)
Copyright © 2008, Dictionary.com, LLC. All rights reserved.