Identify clusters and describe their centroids and business

Assignment Help Computer Engineering

Reference no: EM133397778

Case: Use of the cluster analysis in predictive analytics can be described as follows:

Using existing data we can identify clusters (groups) in data. Each cluster may be described in data terms (using cluster centroids etc.), and each cluster can be explant in terms of its business meaning.

Then when a new data arrives it can be tested to identify which cluster is the closest, which will suggest that the new data belongs to this cluster.

Questions:

Pick any dataset relevant to your major that you would like to analyze. Avoid use the same or similar datasets to one you use for your final project.
Randomly divide it into two chunks 80% and 20% of records.
Select input variables (2 min) that you will use for cluster analysis. Provide reasoning for the selection.
Use SPSS or other tool to apply appropriate cluster analysis method to clusters the larger part of the dataset.
Identify clusters and describe their centroids and business meaning.
If classes are poorly identified by the analysis or their business meaning is hard to describe. Change your variable selection and go to the step 3.
For at least 5 records from the remaining smaller part of the dataset identify the closest cluster centroid. That will be a prediction which cluster those records belong too. Note that they have not been used in cluster identification, therefore this prediction will qualify as an example of predictive analytics.
Submit a Word report describing each step and a result of this process, include relevant scripts and outputs produced by the tool you use.

Reference no: EM133397778

Questions Cloud

How would qualitative or mixed-methods research findings : In your current practice, what is a clinical practice issue you feel creates barriers to the delivery of high-quality, evidence-based nursing care?

What should be the focus of her nutritional history : What should be the focus of her nutritional history and assessment? What dietary recommendations should be made? What obstacles to staying on the diet recommend

What is the predicted response for customers in the high : What is the predicted response for customers in the high frequency category, high recency category and high monetary value category?

Explain subatomic particles and process that occur within : Explain subatomic particles and process that occur within the nucleus? What are the similarities and differences between the everyday and technical meanings

Identify clusters and describe their centroids and business : Pick any dataset relevant to your major that you would like to analyze. Avoid use the same or similar datasets to one you use for your final project.

Describe the various types of HTTP objects : Describe the various types of HTTP objects that organizations monitor and what challenges organizations face when they fail to implement monitoring

What does this mean and why does this happen : Explorer needs to resend the information you've previously submitted" or "This page cannot be refreshed without resending the form information."

Implications of global and cultural factors on decision : PowerPoint presentation on your assessment of the implications of global and cultural factors on decision-making processes for an organization,

Which represents a direction to turn and the number : Professor Santos has decided to hide a secret formula for a new type of biofuel. She has, however, left a sequence of coded instructions for her assistant.

User Account

All Pages