data mining

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data mining

The process of exploring and analysing databases to find previously unidentified patterns of data—popularly known as “hidden data”—which can be exploited for various purposes and produce new insights on outcomes, alternative treatments or effects of treatment on different populations.

mining

(mi'ning) [ME]
1. The extraction of useful information from a database. Synonym: data mining
2. The extraction from the earth of materials with industrial value, such as coal, silver, or gold. Miners are exposed to various occupational disorders, including respiratory diseases (e.g., pneumoconiosis), allergies, and traumatic injuries.

data mining

Mining (1).
References in periodicals archive ?
In CART, as well as other data-mining tools, the data miner usually builds the model in two phases.
In addition to high reliability, the on-demand Monte Carlo simulation gives both professional data miners and business users the competitive advantage of conducting complex risk assessments and scenario-based simulations rapidly and extremely affordably without the need for cost- or time-consuming infrastructure investments.
While not all of them are data miners, most are analysts with a professional background.
Keynotes addresses will be delivered by Robert Blattberg, distinguished professor at the Kellogg School of Management at Northwestern University; Ed Wegman, distinguished professor and director of the Center for Computational Statistics at George Mason University; Gordon Linoff, author and founder and principal of Data Miners, Inc.
Data miners curate what the Twitterati say about each show as it unfolds for sharp-eyed scrutiny by network bosses and ad buyers who happily pay for this quantified buzz about their programming, stars, advertisements and brands.
POWERDOT is comprised of data miners, researchers, information analysts and a hedge fund manager in what is truly a global union of the world's best data scientists.
Facebook denied the charges and said its data are shielded from data miners.
According to AP reports, a federal appeals court in New York ruled against the Vermont law, but a different appeals court upheld similar laws in Maine and New Hampshire, saying they regulated only the conduct, not the speech of data miners.
Collaborative tagging is a system that allows data miners to annotate arbitrary resources with freely chosen keywords, or tags.
The information is difficult to decipher, though data miners should be able to determine which companies did well or badly by comparing their trades (sometimes made a day ahead of time) to the general market prices.
The data miners sell the data mostly to pharmaceutical manufacturers, which use the trends revealed in the data to tailor their marketing to doctors.