Data Management1. What are the business costs or risks of poor data quality?Support your discussion with at least 3 references.2. What is data mining?Support your discussion with at least 3 references.3. What is text mining?Support your discussion with at least 3 references.The post should be in 700 word limit in APA format with citations and references. The document should be in below-attached document assignment (please refer the attached document)I have to reply to the other 2 students in the below format:(please see the attachment of my classmates replies)Below are additionalsuggestions on how to respond to your classmates’ discussions:· Ask a probing question, substantiated with additional background information, evidence, or research.· Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives.· Offer and support an alternative perspective using readings from the classroom or from your own research.· Validate an idea with your own experience and additional research.· Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.· Expand on your colleagues’ postings by providing additional insights or contrasting perspectives based on readings and evidence.