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Valid time is the time period during which a fact is true with
respect to the real world.
16.
A time series database (TSDB) is a software system that is
optimized for handling time series data, arrays of numbers
indexed by time (a datetime or a datetime range). In some fields
these time series are called profiles, curves, or traces. A time
series of stock prices might be called a price curve. A time series
of energy consumption might be called a load profile. A log of
temperature values over time might be called a temperature trace.
Despite the disparate names, many of the same mathematical
operations, queries, or database transactions are useful for
analysing all of them. The implementation of a database that can
correctly, reliably, and efficiently implement these operations must
be specialized for time-series data.
17.
Machine learning is done because it is a scientific discipline that
explores the construction and study of algorithms that
can learn from data.[1] Such algorithms operate by building
a model based on inputs[2]:2 and using that to make predictions or
decisions, rather than following only explicitly programmed
instructions. Machine learning can be considered a subfield
of computer science andstatistics. It has strong ties to artificial
intelligence and optimization, which deliver methods, theory and
application domains to the field. Machine learning is employed in
a range of computing tasks where designing and programming
explicit, rule-based algorithms is infeasible.
19.
The steps in the data mining process are :
1. Business Understanding: Understand the project
objectives and requirements from a business perspective,
and then convert this knowledge into a data mining problem
20.
Descriptive data mining is a mathematical process that describes
real-world events and the relationships between factors
responsible for them. The process is used by consumer-driven
organizations to help them target their marketing and advertising
efforts.
In descriptive data mining g, customer groups are clustered
according to demographics, purchasing behavior, expressed
interests and other descriptive factors. Statistics can identify
where the customer groups share similarities and where they
differ. The most active customers get special attention because
they offer the greatest ROI (return on investment).
In customer relationship management (CRM), predictive data
mining is used to create a statistical model for future behavior. It's
also used in email filtering systems to identify the probability that
a given message is spam
Predictive data mining is a process used in predictive analyticsto
create a statistical model of future behavior. Predictive analytics is
the area of data mining concerned with forecasting probabilities
and trends.
21.
The requirements of clustering are :