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UNSUPERVISED LEARNING#1
A type of machine learning where the model learns patterns from unlabeled data without explicit supervision.
CLUSTERING#2
A technique in unsupervised learning that groups data points based on similarity, facilitating pattern recognition.
K-MEANS#3
A popular clustering algorithm that partitions data into K clusters by minimizing variance within each cluster.
HIERARCHICAL CLUSTERING#4
A clustering method that builds a hierarchy of clusters, either agglomeratively or divisively.
SILHOUETTE SCORE#5
A metric used to evaluate clustering quality, measuring how similar an object is to its own cluster compared to others.
CUSTOMER SEGMENTATION#6
The process of dividing a customer base into distinct groups for targeted marketing strategies.
FEATURE SCALING#7
Techniques like normalization or standardization used to adjust the range of data features for effective clustering.
ELBOW METHOD#8
A technique to determine the optimal number of clusters in K-Means by plotting the explained variance against the number of clusters.
DATA PREPROCESSING#9
The steps taken to clean and prepare raw data for analysis, ensuring high-quality input for clustering.
MATHEMATICAL FOUNDATIONS#10
The underlying mathematical concepts that support clustering algorithms, such as distance metrics.
DATA QUALITY#11
An assessment of the condition of data based on accuracy, completeness, reliability, and relevance.
CATEGORICAL VARIABLES#12
Data types that represent categories or groups, often requiring transformation for clustering analysis.
VISUALIZING CLUSTERING RESULTS#13
The practice of using graphical representations to illustrate how data points are grouped in clusters.
COMPARATIVE ANALYSIS#14
A method of evaluating and contrasting different clustering techniques to identify strengths and weaknesses.
TARGETED MARKETING STRATEGIES#15
Marketing approaches tailored to specific customer segments based on data insights from clustering.
DOCUMENTATION#16
The process of recording and detailing methods, findings, and insights throughout the clustering project.
COMMUNICATING FINDINGS#17
The ability to convey complex clustering results to non-technical stakeholders in an understandable manner.
AGGLOMERATIVE CLUSTERING#18
A bottom-up approach to hierarchical clustering where each data point starts as its own cluster.
DIVISIVE CLUSTERING#19
A top-down approach to hierarchical clustering that starts with one cluster and splits it into smaller ones.
MARKETING INSIGHTS#20
Valuable information derived from data analysis that informs marketing strategies and decisions.
R-SQUARED#21
A statistical measure used to evaluate how well the clustering model explains the variance in the data.
DATA VISUALIZATION TECHNIQUES#22
Methods used to create visual representations of data, aiding in the interpretation of clustering results.
ITERATING ON RECOMMENDATIONS#23
The process of refining marketing strategies based on ongoing analysis and feedback from clustering results.
STAKEHOLDER ENGAGEMENT#24
The involvement of relevant parties in discussions about clustering findings and marketing strategies.