Question

Discuss the Life cycle of Data Mining projects?

Answer 1

The life cycle of Data mining projects:

1. Business understanding: Understanding projects objectives from a business perspective, data mining problem definition.
2. Data understanding: Initial data collection and understand it. 
3. Data preparation: Constructing the final data set from raw data.
4. Modeling: Select and apply data modeling techniques.
5. Evaluation: Evaluate model, decide on further deployment.
6. Deployment: Create a report, carry out actions based on new insights.