Statistical data mining and knowledge discovery is done by Hamparsum Bozdogan.

Massive data sets pose a challenge to many fields. The capabilities of traditional statistical, graphical, and data visualization tools have been surpassed by the highdimensionality and different data types. Novel approaches that meld concepts, tools, and techniques from different areas are needed to extract useful information from large data sets.

Recent developments in data analysis techniques for data mining and knowledge extraction are discussed by a stellar panel of experts at Statistical Data Mining and Knowledge Discovery. The collection provides a multidisciplinary perspective on using statistical techniques in areas such as market segmenting, customer profiling, image and speech analysis, and fraud detection. The chapter authors present novel approaches and innovative models and relate their experiences in using data mining techniques in a wide range of applications.