In your opinion, what are the advantages and disadvantages of using data mining?
BIAM300 Managerial Applications of Business Analytics
Week 5 Discussion
Data Mining
Review Sections 5.1 to 5.5 and answer the questions below.
1. In your opinion, what are the advantages and disadvantages of using data mining?
2. What are the biggest challenges a company faces when trying to implement a data warehouse and use data mining?
3. Search the web for some publicly available data sources that a company might want to use for their data mining efforts.
4. Please share some examples of successful companies that utilize data mining as part of their success.
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