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 [...]
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Decision makers or knowledge workers are looking for information and knowledge at various kinds for making strategic or even mundane decisions. The process of extraction of information and knowledge from data is called data mining. This knowledge and information can be represented in various formats, this could be as simple as mean, median, mode, count or [...] |
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