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Data mining is not only statistics, even if statistics is the most recognized academic component of it. It also includes data cleaning, machine learning and data visualization.Want to share your content on R-bloggers? click here if you have a blog, or here if you don't.
The scarce factor is the ability to understand that data and extract value from it.
Hal Varian, Google
The full article by Luca Sbardella published in QuantMind is well worth a read.
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