Friday, July 18, 2008

Is the volume of data good enough?

While data mining, one mines the complete available data. But sometimes one can get a feeling that the data available is not complete. Is the data available good enough to reach to a conclusion with desired confidence and accuracy? Volume of data required depends on desired confidence level, desired accuracy and the variations in the data. Following article can be used in determining the volume of data needed.

http://edis.ifas.ufl.edu/PD006

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