PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: stock market

Association Analysis: Basic Concepts and Algorithms

6 Association Analysis: Basic Concepts andAlgorithmsMany business enterprises accumulate large quantities of data from their day-to-day operations. For example, huge amounts of customer purchase data arecollected daily at the checkout counters of grocery stores. Table illustratesan example of such data, commonly known asmarket basket row in this table corresponds to a transaction, which contains a uniqueidentifier labeledTIDand a set of items bought by a given customer. Retail-ers are interested in analyzing the data to learn about the purchasing behaviorof their customers. Such valuable information can be used to support a vari-ety of business-related applications such as marketing promotions, inventorymanagement, and customer relationship chapter presents a methodology known asassociation analysis,which is useful for discovering interesting relationships hidden in large datasets.

Equation 6.2, notice that the support of a rule X −→ Y depends only on the support of its corresponding itemset, X ∪ Y. For example, the following rules have identical support because they involve items from the same itemset, {Beer, Diapers, Milk}:

Loading..

Tags:

  Notice, Association

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of Association Analysis: Basic Concepts and Algorithms

Related search queries