Determine the benefits of data mining to the businesses when employing:

 

Write a four to five (4-5) page paper in which you:

  1. Determine the benefits of data mining to the businesses when employing:
    1. Predictive analytics to understand the behavior of customers
    2. Associations discovery in products sold to customers
    3. Web mining to discover business intelligence from Web customers
    4. Clustering to find related customer information
  2. Assess the reliability of the data mining algorithms. Decide if they can be trusted and predict the errors they are likely to produce.
  3. Analyze privacy concerns raised by the collection of personal data for mining purposes.
    1. Choose and describe three (3) concerns raised by consumers.
    2. Decide if each of these concerns is valid and explain your decision for each.
    3. Describe how each concern is being allayed.
  4. Provide at least three (3) examples where businesses have used predictive analysis to gain a competitive advantage and evaluate the effectiveness of each business’s strategy.
  5. Use at least three (3) quality resources in this assignment. Note:Wikipedia and similar Websites do not qualify as quality resources.

 

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

The specific course learning outcomes associated with this assignment are:

  • Explain how information technology systems influence organizational strategies.
  • Evaluate the ethical concerns that information technologies raise in a global context.
  • Outline the challenges and strategies of e-Business and e-Commerce technology.
  • Use technology and information resources to research issues in information systems and technology.
  • Write clearly and concisely about topics related to information systems for decision making using proper writing mechanics and technical style conventions.

 

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