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Report on Data Mining

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Submitted By adelmaj
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Jack Adelman
MBA 511
Report – Webcast 8/13/14 on Data Mining

SAS (Statistical Analysis System) was originally developed as a project to analyze agriculture from 1966-1976 at North Carolina State University. As demand for such software grew, SAS Institute was founded in 1976. SAS is a software suite that can mine, alter, manage and retrieve data from a variety of sources and perform statistical analysis on it. SAS provides a graphical point-and-click user interface for non-technical users and they provide more advanced options through the SAS programming language.

On August 13 2014, SAS sponsored a web seminar titled “Analytically Speaking” the topic of the webcast was data mining techniques. Michael Berry and Gordon Linoff were the featured speakers, they have written a leading introductory book (on data mining) titled “Data Mining Techniques”. They discussed a lot of the current data mining landscape, including new methods, new types of data and the importance of using the right analysis for your problem (as good analysis is wasted doing the wrong thing). They also briefly discussed using ‘found data’ – text data, social data and device data. Michael Berry is the Business Intelligence Director at TripAdvisor and co-founder of Data Miners Inc. Gordon Linoff is co-founder of Data Miners Inc. and a consultant to financial, media and pharmaceutical companies.

Data mining is the analysis step of the “KDD” (Knowledge Discovery in Databases). Data mining is an interdisciplinary sub-field of computer science and of management information science. Very basically, it is the computational process of discovering patterns in large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics, and database systems. The overall goal of the data mining process is to extract information from the data set and to

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