INVESTIGATING DATA MINING BY ARTIFICIAL NEURAL NETWORK: A CASE OF REAL ESTATE PROPERTY EVALUATION

Data Mining is the process of analyzing data from different perspectives and summarizing it into useful information that can be used to increase revenue, cut costs, forecasting, decision support etc. In this paper we have considered centralized database which is located and maintained locally unlike the distributed database. We have used MATLAB as a platform to carry out data mining and investigated how it can be effectively used to analyze data from a database making use of the artificial neural networks. Back propagation algorithm has been used to train the neural network with a set of data samples of real estate properties.