Data Mining for Business Intelligence: A Supervised Approach
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Added on 2023/06/08
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This presentation discusses the importance of data mining for business intelligence and presents a supervised approach to it. It covers techniques such as visualization, association rule, and neural network. The report emphasizes the need for accuracy and relevance in decision making.
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Introduction. The rate of increase in business popularity such as facilitated has facilitated users to exchange messages and information needed for data analysis for different purposes ranging from business intelligence to the issue of security is one face that is very important to the public. The social network is being used by a large number of people for events, update and sentiments exploration. The fact that tweets are given certain structure during tweeting, the messages presented does not follow grammatical structure and passing techniques due to an increment and speech to an individual words.
introduction This paper presents a proposal of a statistical based approach as well as identifying significant factors related to modeling of the business. The method presents a method of generation graph which considers node and the degree of similarity that could exist between as a weighed edge between the tweets and the way the tweets work
Literature Review The literature review is basically presented to discuss about business intelligent and supervised way of data mining technology and its understanding.From several articles on research, business intelligence is very key in decision making in most of the organizations use. In this literature part, the research tend to present a detailed discussion on the intelligence and how the entire idea of business intelligence work to make the work of the managers easier.
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Supervised data mining The supervised data classification is started as the main method. The classification can be of different types especial when applied to different business. Other method such as regression can also be used to a target value as per the numerical as opposed to performing data categories. All the values must be assessed through the use of the organization in order for the entire data to get all the desired outcomes. The process is also known the predictive data mining because it has capability to proceed the user data and numerical.
Proposed methods This section presents functional details for all the unsupervised data mining and approach that is used to get the information about the business. To make the work easy for the users, the methods is presented in a workflow all the methods that are highlighted. One of the method to be used is the information crawling, information tokenization to analyze the business contents and remove unwanted contents(O'Leary, 2018). Secondly the information is also viewed as the first hand information because it comes directly from the people who uses social media on a daily basis. Extracting useful information from the data and information has become very much easier than collecting information
Visualization Techniques Visualization techniques is used because it is a very useful method for discovering partners in the data sets and may be actually used at the begging of the data mining process. In this technique, there is a whole field of research that is dedicated to the search of the projection that the user is interested in.This projection is also known as the projection pursuit. For instance the cluster are usually numerically represented by different numerical reprobation.
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Association Rule Techniques The association rule will tell us about the association that exist between two or more data. For instance when there are two similar methods that is coming from the managers, the association rule will help the analysis determine the association. The main task determined by association rule is to find out the presence of various items that is within ascertain databases. For us to use this rule successfully, two pieces of information must be put into consideration. The first is to make sure that there is support were the rule lies (Chattamvelli, 2011 pg345).
Neural Network Technique The artificial and neural network are called this name because of historical development that stated with the knowledge that machine can be due to this and do things lie human beings. This was possible only if the scientist can find a way to mimic its structure and its functioning the way human being are functioning. To use this techniques to analyst the data, the researcher uses two main techniques and this two techniques corresponds to human brain and link. It also corresponds to the neurons and the human brain at all points
Evaluation and demonstration This part demonstrate that use of the three tools to analysis data and come up with meaningful information about the data in question. It is important to note that information given in this case should be relevant and in line with the results. Supervised information extraction is a process that needs so much accuracy because there are so many opinion posted by the users. According to most companies, the above techniques helps managers to make decision according to the information that is provided and classified. There is no techniques that can be presented and can be made effective apart from simple supervised solution
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Evaluation and demonstration The following observation was deduced from the application it is important that the researchers have their knowledge and the goals of the people who are posting information on the social media. That helped in creating data set and selecting data set as well as focusing on the variable
Data reduction Data reduction was also done to reduce or to remove some of the attributes a process the will help suit the set to the goal. Next is choosing the data mining task. This is determined whether the goal of KDD is well achieved.After data reduction and isolation, the best algorithm is chooses for the best method to be used for searching patterns in the data. This process also involves deciding the appropriate model and pattern. Finally is data mining for the information and for the representational messages is done
Report The report is presented to demonstrate the use of data mining in business intelligence. It takes a keen look at the supervised data mining method. This is basically called supervised data mining simply because there are several data that is expected or outcome that is expected. The main aim of this report was to report the important of data mining and business modeling
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Conclusion Method and working process are presented to ensure that the reader understands the way data mining is done and how to make sure that the entire part of the report is accomplished using supervised method and data mining. It can be concluded that data design is entirely required in business intelligence.
References O'Leary, D.E., 2018. Open Information Enterprise Transactions: Business Intelligence and Wash and Spoof Transactions in Blockchain and Social Commerce.Intelligent Systems in Accounting, Finance and Management,25(3), pp.148-158. Yeoh, W. and Popovič, A., 2016. Extending the understanding of critical success factors for implementing business intelligence systems.Journal of the Association for Information Science and Technology,67(1), pp.134-147. Sharda, R., Delen, D. and Turban, E., 2016.Business intelligence, analytics, and data science: a managerial perspective. Pearson.