Describe k-means clustering technique

Assignment Help Business Management
Reference no: EM133118119

In these chapters reading, you asked to discuss the Clustering Techniques and Association Rules. Next, you will explain objects of interest that are used in the labeling of items within functional activities, such as marketing, economics, and logistical environments. Lastly, you will explain the K-means within the "R" implementation and the association rules that are used to describe the relationships among items of interest in a business context, and an initialization forecasting method. With that in mind, please read the below questions from the assigned chapters reading and choose at least three of them.

Choose one of the two discussion questions below and respond to it.

1. Describe k-means clustering technique and discuss its application in a real-world scenario.

2. What is exponential smoothing and how is it used for time series forecasting?

Reference no: EM133118119

Questions Cloud

Distinction between leadership and management : Identify the characteristics of good leaders. Compare the distinction between leadership and management. Articulate the focus of authentic leadership.
Identify the business and the problem : This assignment will provide you with an IT consultant experience to investigate a business process operation. Identify the business and the problem.
Create contract with mexican buyer for the sale : A commercial exporter in the US, attempts to create a contract with a Mexican buyer for the sale of a container load of house wares.
Analyze quantitative and qualitative data : Analyze quantitative and qualitative data to solve problems and make decisions that impact organizations and their stakeholders
Describe k-means clustering technique : You asked to discuss the Clustering Techniques and Association Rules. Describe k-means clustering technique and discuss its application in a real-world scenario
Sustainability strategy to social responsibility : What are some additional applications of this sustainability strategy to social responsibility in other industries?
Facebook has social responsibility : Do you believe Facebook has a social responsibility to ensure that its platform is used in certain ways? Is Facebook an ethical company?
Corporate social responsibility and ethics : Consider the potential conflict between corporate social responsibility and ethics while maximizing shareholder wealth.
Physical therapy profession : Choose a pathology that is common in the physical therapy profession and use the ICF model to break it down into the separate categories,

Reviews

Write a Review

Business Management Questions & Answers

  Explain the industrial organizational perspective

In the context of strategy, please explain the industrial organizational perspective in terms of formulation, implementation and evaluation.

  Most appropriate entry method or methods

What would be the most appropriate entry method or methods, supporting your decision with the information collected from the commercial guide?

  Business ethics-shareholder vs stakeholder

Describe and critiquing the two most prominent approaches to the nature of Business: shareholder and stakeholder theory and find these approaches both from a theoretical point of view and from a practical point of view.

  Discussion questions on capital budgeting

Capital budgeting is a process used to evaluate whether a firm should invest in a new project or other long-term capital expenditure.

  Possible in government contracting

What are the implications of a U.S. policy to "buy American" wherever possible in government contracting?

  Common myth associated with managed care

Choose a common myth associated with managed care. You may use one of the myths discussed in this week's reading assignment, or come up with one on your own.

  Producers view private labels

Should manufacturers and producers view private labels as a source of new income or should they avoid getting involved with private labels.

  To what extent should a municipality go if land owner refuse

To what extent should a municipality go if a land owner refuses to allow the airport to remove trees or other obstructions from the owner's property?

  Measures of univariate variable description

Explain the measures of univariate variable description that we have (i.e., frequency, central tendency, and dispersion). What do these measures tell us? Why are they useful?

  Adopting business intelligence projects

What does the concept of 'adopting business intelligence projects' mean?

  Service-level agreements

When companies enter into a contract with a cloud-computing provider, the companies normally sign SLAs.

  Proposed change may affect various groups of employees

Evaluate how the proposed change may affect various groups of employees. Defend at least three best practices to prevent or resolve those conflicts.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd