Title: cis 500 stayer new,stayercis 500
1- STAYER CIS 500 Assignment 4 Data Mining
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- The development of complex algorithms that can
mine mounds of data that have been collected from
people and digital devices have led to the
adoption of data mining by most businesses as a
means of understanding their customers better
than before. Data mining takes place in retailing
and sales, banking, education, manufacturing and
production, health care, insurance, broadcasting,
marketing, customer services, and a number of
other areas. The analytical information gathered
by datamining applications has given some
businesses a competitive advantage, an ability to
make informed decisions, and better ways to
predict the behavior of customers. Write a four
to five (45) page paper in which you Determine
the benefits of data mining to the businesses
when employing Predictive analytics to understand
the behavior of customers - Associations discovery in products sold to
customers - Web mining to discover business intelligence from
Web customers - Clustering to find related customer information
- Assess the reliability of the data mining
algorithms.
2Decide if they can be trusted and predict the
errors they are likely to produce.Analyze
privacy concerns raised by the collection of
personal data for mining purposes.Choose and
describe three (3) concerns raised by
consumers.Decide if each of these concerns is
valid and explain your decision for
each.Describe how each concern is being
allayed.Provide at least three (3) examples
where businesses have used predictive analysis to
gain a competitive advantage and evaluate the
effectiveness of each businesss strategy.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
requirementsBe typed, double spaced, using Times
New Roman font (size 12), with oneinch margins on
all sides citations and references must follow
APA or schoolspecific format. Check with your
professor for any additional instructions.Include
a cover page containing the title of the
assignment, the students name, the professors
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 areExplain 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
eBusiness and eCommerce 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.