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DM: Queries...From: Srikanth Jagannath T 211 R G-Floor WS blrsn47 Date: Wed, 6 Aug 1997 03:37:39 -0400 (EDT)
Hello,
I am really sorry for such a long mail, but I have some
queries.
I have a few queries regarding the application of Data Mining
and
Data Warehousing. Yesterday I had posted to this group about
some
practical case studies, and Mr. Dorothy Firsching had
responded asking
me to have a look at http://www.nautilus-systems.com/. Yep,I
had a
look at this site, and got some information on applicaiton of
Data
Mining to the marketing of medicines. Here again it is
mentioned that
the data was analysed, extracted and from this knowledge was
extracted.
But my quesion is, what sort of data would be helpful for such
analysis. Usually, I guess, that such companies perform a
market
survey by going to the consumers with a questionaire, and they
perform analysis on this data obtained from the questionaire.
If again
such data is gathered and analysis done using this, then what
is the need
for Data Mining. In the case of Data Mining, I guess, that
this
information is obtained from the data recorded about each
consumer
transaction in the database. I have a typical marketing
scenario for
which I am wondering as to what should be the data that has
to be recorded. I would give you a brief of the scenario:
I have a company providing some service to the customers. The
company
stores data regarding the customer, the service being
provided,
customer transactions, billing details, payment details,
etc.,. Now my
aim is to find the customer base which would respond if the
company
starts a new service, I would also like to know as to what
would be
the response for the new service, what new service to start
and things
like this. For this what special data must be stored in the
database.
Moreover I have been having some conflicting thoughts about
Data
Warehousing. As far as I perceived Data Warehousing is a data
store
that stores historic data, and data analysis can be done on
this
data store. But when I explained this to a lay man, he was
asking me
as to if this is just the use of Data Warehousing then why do
you need
one, or why is it being called Data Warehouse, and not just
any other
database, say Historic Database. I was just wondering on this
point.
Actually all this is happening because I have not had any
formal
discussion with any experts/researchers in this area. The
knowledge
that I have gained is by reading research papers. So it would
be
great if someone gives me an insight into this questions, and
also
some suggestions on some book/paper that is more explanatory
in these
aspects.
Thanks in advance,
regards
-srikanth
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