Data Mining: Opportunities and Challenges

In this chapter, we have attempted to provide an overview on Bayesian methods as applied to the field of Data Mining. In doing so, we have deliberately focused on reviewing the most relevant concepts, techniques, and practical issues. Over the last few years, Bayesian data mining has emerged as a prominent modelling and data analysis approach from which both academicians and practitioners can benefit. We envisage that Bayesian Data Mining and Knowledge Discovery will continue to expand in the future, both from a theoretical and a practical applications perspective.