This article is published by AllBusiness.com, a partner of TIME. What is "Data Mining?" Data mining is the process of extracting useful patterns, correlations and insights from large datasets using ...

The second step in data mining process is the application of various modeling techniques. These are used to calibrate the parameters to optimal values. Techniques employed largely depend on analytic ...

Solon Barocas is a postdoctoral research associate at the Center for Information Technology Policy at Princeton University. Andrew Selbst is the Alan Morrison Supreme Court Assistance fellow at Public ...

The Predictive Analytics Reporting (PAR) Framework project has publicly released the full definitions for the data included in the PAR database to encourage distribution of the definitions in the ...

Business intelligence analysts, marketers, and analytics mavens use many tools and techniques to extract useful information from all the meaningful data people generate every moment in every aspect of ...

Think of data mining as digging for digital gold. It’s the technique of studying big data to reveal insights, trends, and links that aren't instantly apparent. In simple terms, it takes unprocessed ...