Apple Inc. tracks online transactions at its iStore and is interested in learning about the purchase patterns

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Apple Inc. tracks online transactions at its iStore and is interested in learning about the purchase patterns of its customers in order to provide recommendations as a customer browses its web site. A sample of the "shopping cart" data in binary matrix format resides in the le AppleCart. Each row indicates which iPad features and accessories a customer selected.

Using a minimum support of 10% of the total number of transactions and a minimum confidence of 50%, use XLMiner to generate a list of association rules.

a. Interpret what the rule with the largest lift ratio is saying about the relationship between the antecedent item set and consequent item set.

b. Interpret the support count of the item set involved in the rule with the largest lift ratio.

c. Interpret the confidence of the rule with the largest lift ratio.

d. Interpret the lift ratio of the rule with the largest lift ratio.

e. Review the top 15 rules and summarize what the rules suggest.

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Related Book For  book-img-for-question

Essentials of Business Analytics

ISBN: 978-1305627734

2nd edition

Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

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