Data is important, by affecting industries and encouraging innovation in today's technological age. Every second, businesses create and gather huge amounts of data, ranging from sensor data and web traffic to customer transactions and social media interactions. But when properly examined, data can provide insights that are far more valuable than its raw amount. Here's when data mining becomes useful. The process of converting unprocessed data into knowledge that can be put to use is known as data mining. But let's first look at what data is and why it's so important before going into the field of data mining. What is data? At its core, data is simply raw facts and figures. It can take different forms, such as numbers, text, images, or even sounds. Different contexts, from business operations to scientific research, collect data, which forms the basis for making informed decisions. In today’s digital world, data is often compared to oil—valuable, but only when refi...
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