Refer to the exhibit, which shows pairwise counts for items purchased together.
Consider the following association rule: Milk -> Eggs
What is value of the lift?
In time series analysis, what function is examined to identify the order of the autoregressive component of an ARIMA model?
Executives want to determine whether a change in a shopping rewards program has been effective in getting customers to increase their spending. Which approach could be used to determine if a significant shift in spending has occurred?
In K-means clustering, what is a graph of the WSS versus the value of K used to help determine?
After running a density plot you realize that the data has a long tail to the right. What can you do to make the dataset more normally distributed?
You build a decision tree to classify five different types of customers based on their browsing history from a sample of 500. The resulting decision tree has 17 layers. One of the leaf nodes has only three customers.
What do you conclude?
Which phase of the data analytic lifecycle includes conducting project sponsor interviews and drafting a problem statement?