Mathematical Models for Online Business

Mathematical models are developed in every area from atomic energy to bio technology.  Models are generally designed to understand the real world phenomena mathematically/algorithmically. A model is a prototype of reality or an abstraction. Real world contains a lot of assumptions and axioms, despite this we can fit the real world process  into a mathematical [...]

Marketing Data Mining – Its easy to do badly

Companies are slowly adopting to the data mining as a concept, they are looking for quick and easy solution for their problems. On the other end there are whole host of companies which are offering software solution and tools for data mining.

There is a danger here, the easy use of GUI tools on large amount [...]