Question: What is the underlying algorithm / rule for cluster analysis for segmentation? Be precise in you answer.

What is the underlying algorithm/rule for cluster analysis for segmentation? Be precise in you answer.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What is the underlying algothrithim / rule for cluster analysis for segmentation? Be precise in your answer? State and explain one example of behavioral segmentation

Q:

Managing Customer Heterogenity At Dentmax Before you respond, read the descriptions of the variables DentMax collected data on (Table 2.6 on page 83 of the attached document) and the description of...

Q:

Review the Ontela Picdeck B Case and answer the following questions: Based only on the cluster analysis data, which preference-related variables are most useful for segmentation identification and...

Q:

1) A/B tests are.. A more similar to field experiments than lab experiments B) more similar to lab experiments than field experiments C) never field experiments or lab experiments D) not truly...

Q:

Companies segment their markets to improve their competitiveness and profitability in fundamental ways: By focusing product development, marketing, and service resources on segments with the most...

Q:

Help with writing a short analytical summary of 150-200 words on each of the 2 articles below. Article 1: Exploring community-based options for reducing youth crime. The BackTrack program was...

Q:

The Pacific Brands company started out in 1883 as a manufacturer of bicycle tires. Since then the company has evolved into a large house of brands for consumer lifestyle products. This case deals...

Q:

Study Guide Midterm ExamDATA 3 3 0 0 The following is a list of topics that will be covered on the midterm exam. Please see the Canvas page Module 7 : Midterm Exam for details about the exam and...

Q:

. Determine whether the following statements are true or false. Write T for true and F for false. 8 i ) Apriori principle is useful in pruning infrequent itemsets without explicitly counting their...

Q:

any two of the following three questions! All questions are of equal value. Question 1 . A segmentation analysis was conducted for the fast - food market in Turkey. The data was collected from 1 6...

Q:

Using the supplied template show your solution for each view as it exists in the Initial Table, 1NF, 2NF and 3NF (just like lab 1). Once you have completed the database design for each view in 3NF...

Q:

Explain the syntax of a message on a sequence diagram.

Q:

A document that lists the assets and liabilities of the organization at a specific point in time is . An audit that is conducted by a certified public accountant ( CPA ) who is not an employee of the...

Q:

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....