Question

What are the 5 defined steps in the Data Mining process to gain knowledge?

PLEASE EXPLAIN IN DETAIL

Answer 1

Data mining is one of the hot cake technologies present in the market. Since it provides a huge benefits to business in prospering their business growth but also helps business to gain more customer base. Here are few steps in data mining process to gain knowledge:

• Business understanding: Through this step the business objectives are being understood and helps in figuring out the business needs. Then from the needs the data mining process is started.
• Data understanding is another vital step used in the process of data mining. In this step it initially started to collect data and help in getting familiar with the data.
• Data preparation is another step involved in data mining process to gather the knowledge. While preparing the data as per model, the data is first prepared and then structured.
• Data modelling: Data modelling is another technique that is being used to structure and prepare the data set. Then one or more models are being created over the data set.
• Deployment: This is basically the last step of the data mining process where the gained knowledge is presented to the stakeholders such that they can able to use it.