Jennifer Gomez is moving to a small town in Napa Valley, California, and has been house hunting
Question:
Jennifer Gomez is moving to a small town in Napa Valley, California, and has been house hunting for her new home. Her Realtor has given her a list of 35 homes with at least 2 bedrooms that were recently sold. Jennifer wants to see if she can group them in some meaningful ways to help her narrow down her options. A portion of the data is shown in the accompanying table with the following variables: the sale price of a home (Price, in $), the number of bedrooms (Beds), the number of bathrooms (Baths), and the square footage (Sqft).
a. Perform k-means clustering on the list of 35 homes using k = 3. Standardize the variables. What are the size and cluster center values of the largest cluster?
b. Perform k-means clustering on the standardized data using k = 4. What are the size and cluster center values of the largest cluster?
Step by Step Answer:
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen