Question

Describe data mining and why it has become important in the field of Business Intelligence and...

Describe data mining and why it has become important in the field of Business Intelligence and Nursing Informatics (Clinical Informatics).

Homework Answers

Answer #1

Data mining is the practice of examining large pre-existing databases in order to generate new information.In simple words,data mining is defined as a process used to extract usable data from a large set of any raw data.

Importance in business intelligence are

1.Data mining is used to discover patterns and relationships in the data in order to help make better business decisions.

2. It can help spot sales trends,develop smarter marketing campaigns and accurately predict customer loyalty.

The importance in nursing informatics are, it helps in making predictions that can help physicians make better,faster,more accurate decisions about their patients through analysis of patient data.

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