Application Case 4.6 (Continued) 1. Why is it important for many Hollywood professionals to predict the financial success of movies? 2. How can data mining be used for predicting financial success of...

Application Case 4.6 (Continued)

1. Why is it important for many Hollywood professionals to predict the financial success of movies?

2. How can data mining be used for predicting financial success of movies before the start of their production process?

3. How do you think Hollywood did, and perhaps still is performing, this task without the help of data mining tools and techniques?