market basket

In your own words (about 500), define what K-Clustering means. Based on your understanding of this concept, provide a practical example of where and how this concept is used.

MIS 685-50 Data Mining Tools Learning Objectives & Assignment Work Week 4 Topic: Data Mining Software, Techniques and Applications: Clustering Course Learning Objectives: Compare and contrast various data mining software applications. Identify the steps in the decision-making process. Identify the steps in the data mining process. Explain the different data mining techniques. Evaluate a data […]

Compute the support for itemsets {e} , {b, d} , and {b, d, e} by treating each transaction ID as a market basket.

Databases – Principles of Data Mining Lab 2 Type your answers in the answer sheet NOT in this file: For questions 3-5: show all your work/math, no points on final answer only. What is market basket analysis? What is the “Apriori principle”? Why is it useful in association rule mining? Consider the data set shown […]

Using the quantities from 2019 for your market basket, and 2019 as your base year, calculate the CPI for 2019, 2020 and 2021.

ASSIGNMENT 1.Suppose people consume 3 different goods. The following table shows the prices and quantities of each good consumed in 2019, 2020, and 2021. a.Calculate nominal GDP in each of the three years. b.Calculate Real GDP in each of the three years, using 2019 as the base year. c.Calculate the rate of inflation for 2020 […]

Calculate nominal GDP in each of the three years. Calculate Real GDP in each of the three years, using 2019 as the base year.

Assignment 2 (15 Marks) Year Price of Pizza Quantity of Pizza Price of Burger Quantity of Burger Price of coffee Quantity of Coffee 2019 $ 8 350 $ 10 200 $ 8 150 2020 $ 10 500 $ 12 250 $ 10 250 2021 $ 13 700 $ 14 400 $ 15 400 1.Suppose people […]

Calculate the rate of inflation for 2007 and 2008 using the GDP deflator as your price index. Assume that 2006 is still the base year.

Micro Economics National income accounting deals with the aggregate measure of the outcome of economic activities. The most common measure of the aggregate production in an economy is Gross Domestic Product (GDP). The table below provides Country’s national income accounting. Use this data to answer the following questions. Suppose people consume 3 different goods. The […]

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