Instruction
Download and install XLMiner Data Mining software (download link below)
Review the Statistics Refresher (if you have never had statistics or if your statistical knowledge is RUSTY)
Market-Basket Mystery: What do beer and diapers have in common?
http://www.profdavis.net/beer_and_diapers.pdf
Video - What is Predictive Analytics / Data Mining?https://www.youtube.com/watch?v=FOATC8ARHNs&feature=youtu.be
What is Data Mining?
https://www.youtube.com/watch?v=R-sGvh6tI04&feature=youtu.be
Read the article below entitled "Market-Basket Mystery: What do beer and diapers have in common?"
Watch the video below entitled "What is Predictive Analysis / Data Mining?"
Watch the video below entitled "What is Data Mining?"
Respond to the Discussion Topic 1 below
After watching the two videos above on Data Mining and reading the article "Market Basket Analysis: What do beer and diapers have in common?" discuss how data mining / predictive analytics is used in various fields and industries. Also, argue for or against the use of data mining in those fields or industries, in light of personal privacy concerns