DATA MINING FOR HUMANITY: AN OVERVIEW

ABSTRACT The term “Data Mining” is primarily used by statisticians, database researchers, and the business communities. Data mining is an extension of traditional data analysis and statistical approaches as it incorporates analytical techniques drawn from various disciplines like Artificial Intelligence (AI), Machine Learning and more. This paper focuses on the potential contributions that Data Mining (DM) could make for Humanity in organizations and bureaus. It first provides a basic introduction to Data Mining processes and Tasks. Next it gives a basic understanding of how statistics and Data Mining are bonded though they are discrete. Further the paper clearly details the future trends of Data Mining and how it could travel in the phase of Human life. Keywords: Knowledge Discovery, Descriptive Mining, Predictive Mining, Statistics &Analysis.