Minaaz Rizvan
can I know what all projects can be done in data mining as of now??
Data mining can be done in almost every situation where we have substantial amount of data available.
Data mining is a process used to generate knowledge to tackle the problem at the hand from the data which is available.
This derived knowledge may be then used further by machine learning / Artificial Intelligence algorithms to make an educated guess.
Data mining can be used in various domains
Lets take few examples :
1) To start with, lets say we look at game of tic-tac-toe.
Assume that we have 3x3 (9 squared, normal version) tic-tac-toe.
one can write a program which would make the computer play on random squares on alternate turns and save the moves played along with the end result.
Also assume that our computer knows nothing about the game except for the winning (and of course the losing) conditions, and the rules of the games (Only empty squares available to play.)and however is unable to think ahead.
Using this model, we make our program play many games.
Obviously it will lose or best can manage to draw with the stronger player.
Once we have a substantial amount of games, we then can write a piece of code, which will scrutinize the moves played and provide us with the information as which moves are better and which moves are worse.
(This is mining of the data)
We store this information and use it for our program.
One can definitely hope for an improvement over its previous version where in it didn't have the knowledge.
Example 2:
Pizza Shop.
Think of the pizza shop which delivers / serves over 100 pizzas daily.
One can definitely hope to gather some substantial data over a period of six months and a year.
One might be able to find which pizza is favored by people.
If they buy soft drinks with pizza.
Based on the customer, (if they ask age), they would also know what kind of pizza is favored by which age group.
similar knowledge can be guessed from location, day of the week, it can even be drilled to time of the day.
Basically they can establish a trend.
Using this trend they can improvise their profit margins.
This would be even more helpful if they have multiple branches.
Few more examples which I would like you to think on it:
Stock market(Highly discussed, many resources available),Weather predictions(Highly discussed, many resources available),Football predictions(this is cool), and think of your own.
If you are interested in data mining, I would like to suggest that you do skim through few articles on big-data and how to utilize it.