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Pros and cons of data mining

Pros and cons of data mining

In this assignment, you will analyze current data mining practices and  evaluate the pros and cons of data mining. Provide one example of a  company that has successfully practiced data mining and discuss why they  were successful. Then, research a company that experienced a failed  data mining practice. What data mining best practices could they have  implemented to avoid this failure?  In your paper,      Discuss the industry standards for data mining best practices.     Identify pitfalls in data mining, including practices that should be  avoided.     Provide an example of company that has successfully practiced data  mining. What steps and precautions did they take to ensure the success  of their data mining endeavor? How did they keep customer data safe?     In a second example, research a company that experienced a failed  data mining experience. What pitfalls did the organization fall into?  What would you have done differently?  The Data Mining Best Practices paper      Must be four to five double-spaced pages in length (not including  title and references pages) and formatted according to APA style as  outlined in the Ashford Writing Centers APA Style (Links to an external  site.) resource.

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