DATA MINING
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Data Mining term was born in 1990 and is continuously practiced by statisticians in order to generate new information to figure out better ways in generating sales.
If a company wants to target men aged 24-30 who live in Ontario and have an interest in motorsport and television, then Facebook can tell the company exactly how many of its Ontario users fit that criteria and will be advertised to.
If a company wants to target men aged 24-30 who live in Ontario and have an interest in motorsport and television, then Facebook can tell the company exactly how many of its Ontario users fit that criteria and will be advertised to.
Facebook gets this information from the data that its users enter on their profile pages; their age, location, interests, job, educations and what they 'Like' is all used to target relevant adverts to users.
Facebook’s Data mining can be useful, if it uses the data of users' posts to find out how users feel about certain national issue and the response can be further broken down by gender and location. Survey results can be addressed to government as a Voice of the public to aid them to take further action.
But the possibility of data mining by private individuals unaffiliated with Facebook has been a concern, for an instance on December 14, 2005, two Massachusetts Institute of Technology (MIT) students were able to download, using an automated script, over 70,000 Facebook profiles from four schools (MIT, NYU, the University of Oklahoma, and Harvard University) as part of a research project on Facebook privacy published.
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Facebook is also selling the users information to third parties which provides deep insights that help them deliver the right offers to their customers at the right time; On October’2014, Facebook agreed a 2year-contract with Master card to data to data mine the Asia-Pacific users information to get consumer behaviour information it can sell to banks. This means Master card can skim through the users ‘likes’ and conversations.
Though Facebook privacy settings provides an option for us to restrict the party access by turning on the privacy settings, Data mining could be potential privacy concern in the future.







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