What is the major difference between data reporting and data mining ?
Ans. There are a lot of software companies and experts claiming to do data mining when in fact they are performing data reporting. Data mining starts with data integration ,cleansing and ends with predictions with their accuracy. In addition, ranks the predictive parameters and gives users how well they account for the observed variability. The problem with data mining is that it cant be done well without a) time, b) subject knowledge c) real data mining software(s), and d) developing an application(DSS) for an end user.
