Data mining is the process of discovering patterns, trends, and insights from large datasets. It involves using statistical and machine learning techniques to extract valuable information from raw data. The goal of data mining is to uncover hidden patterns and relationships that can be used to make informed business decisions, improve processes, and gain a competitive advantage. Data mining can be applied to a wide range of industries, including finance, healthcare, marketing, and retail. It involves several steps, including data collection, data preprocessing, model building, and evaluation. Data mining can also involve the use of visualization tools to help analysts better understand the data and communicate insights to stakeholders.
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