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Greedy Introduction. Greedy algorithms are simple and straightforward. They are shortsighted in their approach in the sense that they take decisions on the basis of information at hand without worrying about the effect these decisions may have in the future. They are easy to invent, easy to implement and most of the time quite efficient.
Data Mining Algorithms (Analysis Services - Data Mining) An algorithm in data mining (or machine learning) is a set of heuristics and calculations that creates a model from data. To create a model, the algorithm first analyzes the data you provide, looking for specific types of patterns or trends. The algorithm uses the results of this analysis over many iterations to find the optimal parameters for creating the mining model.