This statement is false.
What is data mining?
Data mining is the practice of looking for anomalies, trends, and correlations within massive data sets in order to create predictions. You can use this information in many different ways, such as to increase sales, cut costs, strengthen client relationships, reduce risks, and do a lot more.
What are the advantages of data mining?
Data mining aids in making wise judgments for enterprises. It aids in spotting fraud and credit problems. It enables data scientists to swiftly and efficiently evaluate vast amounts of data. The data can be used by data scientists to identify fraud, develop risk models, and increase the safety of their products.
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