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11-Jul-2019 02:20

He explained to me that they not only now were storing the information on the flies but also were doing "data mining" adding as an aside "which seems to be very important these days whatever that is".

I mentioned that I had written a book on the subject and he was interested in knowing what the difference was between "data mining" and statistics. The techniques used in data mining, when successful, are successful for precisely the same reasons that statistical techniques are successful (e.g.

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Today data mining has been defined independently of statistics though mining data for patterns and predictions is really what statistics is all about.The bottom line though, from an academic standpoint at least, is that there is little practical difference between a statistical technique and a classical data mining technique.




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