Indian Journal of Science and Technology

Abstract

Objective/Background: This paper highlights the extension of access data to data mining from passing year to recent. Main aim of this paper is comparative study of tools/techniques/algorithms which are used for analysis of huge amount of data. Methods/Statistical Analysis: Different methods of data mining has been studied and discussed which include decision tree, neural network, regression, clustering techniques are implemented on different tools for fraud detection. Different algorithms Adaboost, page rank, K-means used for data mining are also discussed. For generate relevant information from data streams, frequent pattern generation tree algorithm is also implemented and discussed. Findings: Out of so many available algorithms decision tree has been found out to be the most suitable for mining data provided the data is restricted to some thousand of entries. The most prominent feature as its advantage lies in its clear illustration in the form of graphical tree with inherent tree structure capability. However the concern about ambiguity should be carefully dealt with maintains consistency. Applications: For the extraction of the relevant data, data mining is helpful in various ways. The various areas where data mining is being used have also been discussed in the paper. Future Scope: The scope of the paper extends from an exhaustive survey and analysis of all available empirical and conceptual techniques and tools in the area of data mining
Keywords: Association Rule Mining, Classification, Clustering, Data, Data Mining, Decision tree, Neural Network