(Answered) Q1 give two examples apart from those given in the slides

Economics

Q1. Give two examples, apart from those given in the slides, for each of the following:

Data mining from the commercial viewpoint
Data mining from the scientific viewpoint

Q2. Differentiate between classification of data and clustering of data with the help of suitable examples.

Q3. Why do we need preprocessing of the data? Explain any 4 data preprocessing techniques.

Q4. Differentiate between correlation analysis and covariance analysis of data with the help of a suitable example not given in the slides.

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Macroeconomics, Economics

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