Data Mining For example, the bank where you have a savings account uses a Datamining system. The bank studied the pattern of using its customers' debit cards. They found that recently you have made a lot of purchases at material stores and in "home renovation" shops. The bank decided to contact you to offer a special loan to finance home renovations. Question: 1. Explain your answer, has the bank abused your privacy rights? Explain your reasons if your answer is: "yes violates" or "does not violate". 2. At the time of data collection and during the data mining process, it is very important to pay attention to the security of the data from misuse by irresponsible parties. In the context of Datamining from the bank mentioned above, explain the "data security" techniques that can be done to improve data security.

Q: ing, actions are taken depending on the results of data comparisons. E

A: In computing, data comparison is a pivotal concept that plays a central role in almost every task a…

Q: As compared to other methods, why are phone calls better for gathering data?

A: Here are some potential advantages of using phone calls for gathering data: Personal interaction:…

Q: Question 3 A retail marketer chooses to group a number of customers into personas (homogeneous…

A: 3) Database Marketing

Q: Data mining is a method for gathering and analyzing business information.

A: Given: Data mining is a method for gathering and analyzing business information.

Q: This model predicts probabilities for each membership such as the probability that given record or…

A: The answer is "Naive Bayes Classifier"

Q: Exactly what are the benefits of data profiling?

A: Introduction: Data profiling improves data quality, shortens the time required to complete large…

Q: There are three methods of data mining that are most often used.

A: Data mining: Gaining information from enormous data stores is called "data mining," and the phrase…

Q: Data mining is a method for obtaining and studying corporate data.

A: Introduction: In today's business world, companies are constantly generating large amounts of data…

Q: The media's reporting of "facts" might be affected by data-mining practices.

A: Data mining: Data fishing, data spying, and hacking are some names for it. The analysis of data has…

Q: Can you explain what an SQL injection attack is?

A: SQL or structured query language is a high level language used to work on operations pertaining to…

Q: 5 Chapter 11 Discussion - Data mining to "help you" It is standard business practice for a company…

A: Then question has been answered in step2

Q: The process of data before calculating correlations is a prudent way to get good correlations.

A:

Q: Preprocessing data is critical to data analysis and mining. sklearn is a popular machine learning…

A: Introduction: To convert raw feature vectors into a format that is more suited for downstream…

Q: Some suggestions on how to properly describe data include describing its fundamental properties and…

A: Some suggestions to describe data with description of fundamental properties and…

Q: The benefits of data profiling can be summed up in the following ways:

A: Data analysis to find patterns, trends, and linkages is called data profiling. It can be applied to…

Q: What difficulties do clients have when working with large amounts of data?

A: Introduction: A dataset is a collection of data organized into a specific format that can be used to…