I am a management student doing post graduate diploma in business administration (PGDBA) at I.E.S. College, Mumbai. We were recently given a project on data warehousing and data mining. As a part of this project, I have to define clear points of differentiation of these two terms. I would appreciate it if you could expand on the differences between data warehousing and data mining.
Larissa Moss's Answer: Data warehousing definition: A new type of decision support environment with one or more target databases and with emphasis on data integration and data cleansing to achieve its objective to provide reliable business information to strategic decision-makers. Data mining definition: An analysis process which is not based on any preconceived hypothesis (on any formulated business questions), but which requires a knowledge-based tool that examines a given pool of data and that (the tool) can unearth unsuspected or unknown relationships, patterns or associations of data.
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