We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

GDB - CS614 Dated:Jan 10, 20
Dear Students,



GDB of CS614 is announced on VULMS. GDB would be opened for submissions from Wednesday 15-Jan-2020 to Thursday 16-Jan-2020. GDB is as under along with important note for submission;



Scenario



Pulse Globe Energy Limited (PGEL) is involved in the undertaking of gas exploration, development and production activities in Australia and Asia. PGEL has investments in upstream gas activities and electricity generation that complement wholesale energy contracts to support the retail customer base.

For one of the projects PGEL has already acquired the Seismic data which provides a “time picture” of subsurface structure to aid in gas exploration.

You are hired by the company as Data Analyst to suggest / identify the most desirable areas for gas exploration by using your analytical stills, as company would have to invest a huge budget of 1 million dollar for this task.



After reading the above scenario you are required to answer the following question:



Suggest the most suitable data mining technique for the given scenario and also support your answer with one valid reason (Not lengthy more than 2 – 3 lines).



Format of your answer would be as given below:



Technique Name: ________________________

1 Strong Reason to Choose: _______________________________________________________

______________________________________________________________________________



Important Notes:

NO GDB is accepted via e-mail in any case
Lengthy replies of GDB will cause in deduction of marks. So you write your answer precisely within 3 to 5 lines in 2 points along with choice.
If you would not mention your choice at start of your answer, your GDB points would not be marked.

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 2496

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Please share ideas.

CS614 GDB idea Solution Fall 2019

Prediction is a very powerful aspect of data mining that represents one of four branches of analytics. Predictive analytics use patterns found in current or historical data to extend them into future. It gives organization insight into what trends will happen next in their data.

Prediction tells that in which class the specific item would lie in future or to which class this specific event can be assigned in any time in future. So prediction is the suitable data mining technique to suggest / identify the most desirable areas for gas exploration.


Note: - We are not responsible for any mistake, this is for your idea or help, need to verify yourself.

Please Discuss here about this GDB.Thanks

Our main purpose here discussion not just Solution

Students having same subject can start discussion here to solve assignment, GDB & Quiz and can clear their concepts until solution is provided. 

 

P.S:    Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”

Then copy Questions from assignment file and paste in Discussion.

 

http://bit.ly/vucodes (For Assignments, GDBs & Online Quizzes Solution)

http://bit.ly/papersvu (For Past Papers, Solved MCQs, Short Notes & More)

Click Here to Search (Looking For something at vustudents.ning.com?)

Click Here to Join (Our facebook study Group)

SOLUTION IDEA PLZ

Solution:

Prediction is a very powerful aspect of data mining that represents one of four branches of analytics. Predictive analytics use patterns found in current or historical data to extend them into future. It gives organization insight into what trends will happen next in their data.

Prediction tells that in which class the specific item would lie in future or to which class this specific event can be assigned in any time in future. So prediction is the suitable data mining technique to suggest / identify the most desirable areas for gas exploration.

Prediction here is not like a palmists approach that if this line then this. Prediction means
that what’s the probability of an item/event/customer to go in a specific class. This means
that prediction tells that in which class this specific item would lie in future or to which
class this specific event can be assigned in any time in future, say after six years. How
prediction actually works? First of all a model is built using exiting data. The existing
data set is divided into two subsets, one is called the training set and the other is called
test set. The training set is used to form model and the associated rules. Once model built
and rules defined, the test set is used for grouping. It must be noted the test set groupings
are already known but they are put in the model to test its accuracy. Accuracy, we will
discuss in detail in following slides but is dependent on many factors like the model,
training data and test data selection and sizes and many more things. So, the accuracy
gives the confidence level, that the rules are accurate to that much level. Prediction can be
well understood by considering a simple example. Suppose a business wants to know
about their customers their propensity to buy/spend/purchase. In other words, how much
the customer will spend in next 6 months? Similarly a mobile phone company can install
a new tower based on the knowledge spending habits of its customers in the surroundings.
It is not the case that companies install facilities or invest money because of their gut
feelings. If you think like this you are absolutely wrong. Why companies should bother
about their customers? Because if they know their customers, their interests, their like and
dislikes, their buying patterns then it is possible to run targeted marketing campaigns and
thus increasing profit. ...... #according to handout its not suitable for this scenorio

and what about ...seismic data. Prediction is not 

Sorry to interrupt but prediction is not correct DM technique for seismic data. Just recognizing and understanding historical trends and giving conclusion is never enough to chart an accurate prediction of future.

You are  Right because its use for to  extract  models to describing important data etc

tou right konsa h koi help krdo bta ka aj last date

mujy b bta do

RSS

Latest Activity

+ ! Eugene Fitzherbert ! replied to + ! Eugene Fitzherbert !'s discussion THE WAY OF TEARS
9 minutes ago
+ıllıllı $µǥąя ǥ€ɲɨµ$ ıllıllı+ replied to + "αяsαℓ " Ќąƶµяɨ •"'s discussion Corona Self-Assessment at home
10 minutes ago
+ ! ! ! ❣ maho ❣ ! + replied to + "αяsαℓ " Ќąƶµяɨ •"'s discussion Let's Celebrate Birthday of our cheerful member "JIYA - RAPUNZEL"....
22 minutes ago
+ ! ! ! ❣ maho ❣ ! + replied to + Drama Queen's discussion HaPpii HapPi birthday Dear RepaUnzel.........My pUbg loveR ....
26 minutes ago
+ "αяsαℓ " Ќąƶµяɨ •" posted discussions
31 minutes ago
+!!!вαявιε!!!+ and Shahzaib Asim are now friends
1 hour ago
Shahzaib Asim liked +!!!вαявιε!!!+'s profile
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + "αяsαℓ " Ќąƶµяɨ •"'s discussion Let's Celebrate Birthday of our cheerful member "JIYA - RAPUNZEL"....
1 hour ago
+ ! ! ❥ρsүcнσ༄ ! ! + replied to + "αяsαℓ " Ќąƶµяɨ •"'s discussion Let's Celebrate Birthday of our cheerful member "JIYA - RAPUNZEL"....
2 hours ago
+ ! ! ❥ρsүcнσ༄ ! ! + liked + "αяsαℓ " Ќąƶµяɨ •"'s discussion Let's Celebrate Birthday of our cheerful member "JIYA - RAPUNZEL"....
2 hours ago
+ıllıllı $µǥąя ǥ€ɲɨµ$ ıllıllı+ replied to +ıllıllı $µǥąя ǥ€ɲɨµ$ ıllıllı+'s discussion Are you agree
2 hours ago
+ıllıllı $µǥąя ǥ€ɲɨµ$ ıllıllı+ liked +ıllıllı $µǥąя ǥ€ɲɨµ$ ıllıllı+'s discussion Are you agree
2 hours ago

© 2020   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service

.