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HW3 Task1: 1. What is the rule with the highest confidence? Most lift? 2. Please comment on the usefulness of above identified rule? 3. What is the rule with the highest confidence? Most...

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HW3
Task1:
1. What is the rule with the highest confidence? Most lift?
2. Please comment on the usefulness of above identified rule?
3. What is the rule with the highest confidence? Most lift?
Task2:
CRISA is an Asian market research agency that specializes in tracking consumer purchase behavior in consumer goods. CRISA has two categories of clients: (1) advertising agencies that subscribe to the database services, obtain updated data every month, and use the data to advise their clients on advertising and promotion strategies: (2) and consumer goods manufacturers, which monitor their market share using the CRISA database.
CRISA has traditionally segment markets on the basis of purchaser demographics. It would now like to segment the market based on two key sets of variables more directly related to the purchase process and
and loyalty:
1. Purchase behavior (No. of Brands, Brand Runs, Total Volume, No. of Trans, Value, Trans / Brand Runs, Vol/Tran, Avg. Price Pur, Vol No Promo - %, Pur Vol Promo 6 %, Pur Vol Other Promo %)
2. Basis of purchase (Pr Cat 1, Pr Cat 2, Pr Cat 3, Pr Cat 4).
Doing so would allow CRISA to gain more information about what demographical attributes are associated with different purchase behaviors and degrees of
and loyaly, and thus deploy promotion budgets more effectively.
1.Describe the characteristics of the clusters formed.
2.Any business suggestions based on above characteristics.
The deliverable of this task includes the screen shots of the cluster profiles generated from SPSS Modeler and answers to above questions.
Answered 1 days After Nov 14, 2022

Solution

Shikha answered on Nov 15 2022
59 Votes
HW3
Task1:
1. m
1. Please comment on the usefulness of above identified rule?
Answer:
Support and confidence are two measures of rule interestingness. Support reflects the usefulness and confidence reflects the certainty.
For example in rule 28 (Childbks, youthbks ->cookbks), support is 0.127 ( or 12.7%) means that 12.7% of all the transactions under analysis show that child book, cookbook and youth book are purchased together.
Therefore all the rules which has itemset : child book, cookbook and youth book has support 0.127 which shows that among all the transaction under analysis, in 12.7% transaction child book, cookbook and youth book are purchased together.
Same principle applies to all other rules also. Support of each rule tell the percentage of transaction among all the transaction under consideration, in which antecedents of rule and consequents of rule are purchased together
2. What is the rule with the highest confidence? Most lift?
Answer:
Highest Confidence rule :
Rule 28: Childbks, youthbks cookbks
Most lift
Rule 11: Youthbks cookbks, childbks
Rule 9: Cookbks , childbks youthbks

Task2:
CRISA is an Asian market research agency that specializes in tracking consumer purchase behavior in consumer goods. CRISA has two categories of clients: (1)...
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