
Applications in Data Mining
Applications in data mining involve analyzing large amounts of data to uncover useful patterns, trends, and insights. This helps businesses make informed decisions, improve services, and predict future outcomes. Common uses include market basket analysis to understand shopping habits, fraud detection in banking, customer segmentation for targeted marketing, and healthcare for identifying disease patterns. Data mining also supports predictive maintenance in manufacturing and enhances personalization in online platforms. Overall, these applications leverage data to solve problems, optimize processes, and create competitive advantages across various industries.