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Analytics

Market Basket Analysis

Market Basket Analysis in R: From Sellers to Intelligent Sellers The Main Idea: The term ‘E-commerce’ is well known to all of us. Well, it means trade and business through the means of internet, popularly known as ‘online shopping’.…

Kmeans Clustering

When the input data is unlabeled and we have to find hidden patterns or clusters in the data set unsupervised learning comes in the picture. In clustering what we do is given a data set we look for similarities among the data points and…

Point Estimation

So far we know that when the constants of a population (the parameters) are unknown, we estimate them by finding estimates based on the samples drawn from the same population. This method is called “estimation”. Now, since we are…

HOW TO USE DESCRIPTIVE ANALYTICS

DESCRIPTIVE ANALYTICS How frequently you use statistical analyses in your work?  Is it every day? Every week? Every quarter? Annually?None at all? Now it is time together your data and evaluate your performance and get ready to take off.…

ANOVA Using SPSS

ONE-WAY CLASSIFICATION ________________________________________________________________________________________________ Definition   :   Analysis of variance (ANOVA) uses F-tests to statistically assess the equality of means when you have…