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What is Text Mining?

Text mining is a technique for extracting valuable hidden information from unstructured text. It is a combination of methods from data analysis, machine learning and natural science. It is used to extract, analyze and categorize content from large amounts of data. It can be used to identify trends and patterns, to make decisions, and to improve the quality of texts.

What is NoSQL?

NoSQL is a collection of database technologies that differ from traditional relational databases. NoSQL databases are designed for horizontal scalability, fast analytics, high availability, and fault-tolerant replication. NoSQL databases can be useful in a wide range of use cases, especially when scalability and performance requirements are demanding. Most NoSQL databases use a different type of data model than relational databases, which are based on a relational model.

What is trend analysis?

A trend analysis is a process in which a company collects and analyzes data to identify short- and long-term trends in a particular market, industry, or business. This allows companies to better inform their decisions and optimize the results of their investments. Trend analysis helps companies make better decisions by providing data based on past trends and developments in a particular area.

What is extrapolation?

Extrapolation is a statistical process that attempts to reach a conclusion about a phenomenon or data structure based on certain existing data. It is a method of forecasting based on the assumption that certain trends present in the current data will exist in the future.

What is data collection?

Data collection is the process of gathering information, data, or statistics from a variety of sources. This can be done through direct observation, interviews, surveys, analysis, or other methods. The goal of data collection is to gather data in order to investigate and solve a specific problem.