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ASSOCIATION ANALYSIS

sue san Data Mining English

ASSOCIATION ANALYSIS

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ASSOCIATION ANALYSIS

  1. OBJECTIVE

    • to determine which items co-occur frequently within a database
  2. WHAT?

    • is a data mining technique that looks for co-occurrences among a set of items.
  3. = Market basket analysis

    • a technique that generates probabilistic statements
      • Such statements are intuitive and easy to understand
        • EG.
          • if customers purchase coffee, there is a 0.35 probability that they also purchase bread
        • Why is these prob. statements helpful?
          • EG. to a supermarket manager
            • Prob. State. Eg. : diapers and beer are often purchased together
              • Eg. : Placing the two products within close proximity may further encourage purchases of these two products together in single visits to the supermarket.
                • In Product arrangement, Shelf space planning
              • Eg. Good idea to give a discount on diapers and pull in sales of beer
                • In planning of discounts, In effective implementation of product promotion strategies
  4. AA shows the items that co-occur frequently from a customer transactions database

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  • ASSOCIATION ANALYSIS

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Data Mining Mind Map on ASSOCIATION ANALYSIS, created by sue san on 11/02/2017.
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sue san
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