Data Mining and Knowledge Discovery

Data mining is the process of analyzing large sets of data to discover meaningful patterns, trends, or relationships. It involves using statistical and computational techniques to extract useful information that might not be immediately obvious. Knowledge Discovery is the broader process that includes data mining; it encompasses collecting, preparing, and interpreting data to uncover insights that can support decision-making. Together, they help organizations make sense of complex data, improve strategies, and predict future outcomes by turning raw information into valuable knowledge.