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Jul 2, 2013 at 0:45 comment added Dave Data mining may be used as part of the process of constructing or validating a given model.
Jul 1, 2013 at 23:52 comment added Graeme Walsh In other words, it's a bit like building a house only using imaginary bricks and mortar? My esoteric comment is said in jest. :)
Jul 1, 2013 at 23:18 comment added user13985 @whuber LASSO does feature selection, isn't that building a regression model in some sense?
Jul 1, 2013 at 22:56 comment added whuber I have upvoted this because it's a valiant, pithy effort to respond to an extremely broad question. I have some doubts about whether "data mining" involves any statistical modeling, though, and would appreciate seeing an example or a clarification of what you mean by that phrase.
Jul 1, 2013 at 22:49 history answered Dave CC BY-SA 3.0