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Table 1 Definitions of data mining

From: Improving short-term demand forecasting for short-lifecycle consumer products with data mining techniques

Author

Type

Characteristics of type

Input

Characteristics of input

Output

Characteristics of output

Fayyad et al. (1996)

Process

Non-trivial, involves search or inference

Database

Larger data sets with rich data structures

Knowledge

Valid, novel, potentially useful, ultimately understandable

Hand (1998)

Process

Secondary data analysis

Database

Secondary data

Relationships

Unsuspected, of interest or value for database owner

Simoudis (1996)

Process

Extraction process

Database

Large scale

Information

Valid, previously unknown, comprehensible, actionable, useful for making crucial business decisions

Weiss & Indurkhya (1998)

Search

Cooperative effort of humans and computers

Data

Large volume

Information

Valuable