Applied Data Mining

CHAPTER 1

Introduction

In the last couple of decades, we have witnessed a signifi cant increase in

the volume of data in our daily life—there is data available for almost all

aspects of life. Almost every individual, company and organization has

created and can access a large amount of data and information recording

the historical activities of themselves when they are interacting with the

surrounding world. This kind of data and information helps to provide the

analytical sources to reveal the evolution of important objects or trends,

which will greatly help the growth and development of business and

economy. However, due to the bottleneck ...