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Question 1: Read the following cases in chapters 5 and 6 and highlight the key lessons learned (2 per case study)
• Data Mining goes to Hollywood
• Data mining helps develop custom tailored portfolios for telecom companies
• Predicting gambling referenda with Neural Networks
• Coors improves best flavors with Neural Networks
Question 2: Answer the following questions from the textbook
2.1: What are the major Data Mining Algorithms
2.2:
a). Identify at least three of the main data mining methods (give one example each)
b). What are the main methods for cluster analysis
2.3: what is the role of Summation Function in ANN
2.4: How was an output converted to a bankrupt or non-bankrupt
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