1. Distinguish data mining from other analytical tools and techniques.
2. Discuss the main data mining methods. What are the fundamental differences among them?
3. Go to teradatauniversitynetwork.com. Locate Web seminars related to data mining. In particular, locate and watch a seminar given by C. Imhoff and T. Zouqes. Then answer the following questions:
a. What are some of the interesting applications of data mining?
b. What types of payoffs and costs can organizations expect from data mining initiatives?
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