Friday, June 30, 2017

Data Meaning: Analytics vs. Data Mining

My July post @All Analytics

Data mining is distinct from analytics. The former is aimed at ‘finding’ meaningful data patterns—i.e., knowledge ‘discovery’—while the latter derives new knowledge from ‘existing’ knowledge—i.e., deduction (see Data, Information, Knowledge Discovery, and Knowledge Representation). ‘Sensible’ querying of databases to retrieve data for analytic applications and correct interpretation of results without a good grasp of data meaning is a fool's errand. Yet current database practices are extremely deficient in this respect.

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