Write the weekly summary and analysis of the lecture about Text and Web Mining.

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These solutions may offer step-by-step problem-solving explanations or good writing examples that include modern styles of formatting and construction of bibliographies out of text citations and references. Students may use these solutions for personal skill-building and practice. Unethical use is strictly forbidden.

Text “data” mining is similar as purposes with data mining, but the input is represented by unstructured data files instead of structured database data. Its main goal is to extract useful patterns in semi-automated manner even if traditional storing methods lead to less organized data which occupies roughly 85% of entire available digital data.
There are at least nine major reasons for intensive usage of text mining: 1) risk management, 2) knowledge management, 3) cybercrime prevention, 4). customer care service, 5) fraud detection through claims investigation, 6) contextual advertising, 7) BI, 8) spam filtering, and 9) social media data analysis....

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