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Data Mining. Opportunities and Challenges by John Wang

Data Mining. Opportunities and Challenges by John Wang

Presents an overview of the state of the art approaches in this new and multidisciplinary field of data mining. The primary objective of this book is to explore the myriad issues regarding data mining, specifically focusing on those areas that explore new methodologies or examine case studies. This book contains numerous chapters written by an international team of forty-four experts representing leading scientists and talented young scholars from seven different countries.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : Data Mining. Opportunities and Challenges by John Wang

About Author

John Wang

John Wang is a professor in the Department of Information and Decision Sciences at Montclair State University (MSU), USA. Having received a scholarship award, he came to the USA and completed his Ph.D. in Operations Research from Temple University in 1990. He worked as an assistant professor at Beijing University of Sciences & Technology, China, for two years. In the fall of 1992, he transferred to MSU. Dr. Wang received his tenure in 1997 and was promoted to full professor in 2000 for his outstanding and extraordinary contributions. Dr. Wang has published 72 papers in refereed journals and conference proceedings, as well as two research books. He has been an active member of five renowned professional organizations. He has served as session chairman and track chair seventeen times on the most prestigious international and national conferences. His research activities and articles have been well received, enabling him to build a reputation with other significant professionals in his field. He was further invited to serve as a referee for Operations Research (a flagship journal) and IEEE Transactions on Control Systems Technology (a very prestigious journal). He has also developed several computer software programs based on his research findings. Dr. Wang is a highly accomplished and well-established operations research scholar. His current research interests include optimization, nonlinear programming, and manufacturing systems engineering. A long-term goal is to study the synergy of operations research and cybernetics.