Review Paper on Data Mining Techniques and Applications

Data mining is the process of extracting hidden and useful patterns and information from data. Data mining is a new technology that helps businesses to predict future trends and behaviors, allowing them to make proactive, knowledge driven decisions. The aim of this paper is to show the process of data mining and how it can help decision makers to make better decisions. Practically, data mining is really useful for any organization which has huge amount of data. Data mining help regular databases to perform faster. They also help to increase the profit, because of the correct decisions made with the help of data mining. This paper shows the various steps performed during the process of data mining and how it can be used by various industries to get better answers from huge amount of data.

Keywords: Data Mining, Regression, Time Series, Prediction, Association

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