Market Basket Model Support And Confidence

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Explanation of the Market Basket Model

    https://infocenter.informationbuilders.com/wf80/topic/pubdocs/RStat16/source/topic49.htm
    Values in the item and confidence columns are the results of the Market Basket Analysis routine. In other words, item is the product recommendation that the customer is most likely to buy after buying item 2 and item 3 together according to …

Explanation of the Market Basket Model

    https://webfocusinfocenter.informationbuilders.com/wfappent/TLs/TL_rstat/source/marketbasket49.htm
    Values in the item and confidence columns are the results of the Market Basket Analysis routine. In other words, item is the product recommendation that the customer is most likely to buy after buying item 2 and item 3 together according to …

Last Minute Tutorials Market basket analysis Support ...

    https://www.youtube.com/watch?v=1D2um4u-BeM
    Feb 02, 2017 · Please feel free to get in touch with me :) If it helped you, please like my facebook page and don't forget to subscribe to Last Minute Tutorials. Thaaank Yo...Author: Last Minute Tutorials

Effective Cross Selling Using Market Basket Analysis

    https://www.analyticsvidhya.com/blog/2014/08/effective-cross-selling-market-basket-analysis/
    Aug 04, 2014 · A Marketer would consider rules with high Lift ratio, high Confidence and good support. For example, IF flour, root vegetables & whipped/sour cream are purchased THEN whole milk is also purchased. This rule has 100% confidence. The confidence of 100% tells us that this rule appears to be a very promising rule for the business.

How to pick appropriate support & confidence value when ...

    https://www.quora.com/How-do-I-pick-appropriate-support-confidence-value-when-doing-basket-analysis-with-Apriori-algorithm
    Jan 25, 2017 · A support / confidence couple can be used for chosing the best rules. However, here is the paper of Agrawal (he first presented this algorithm for the basket market analysis problem) . It is called : Mining the Most Interesting Rules and there you...

What is support and confidence in data mining? - Quora

    https://www.quora.com/What-is-support-and-confidence-in-data-mining
    If you consider a basket containing 10 items(5-apples, 3-eggs, 2-pens) then support of any precise item say apple can be 5 as mentioned. Likewise precise value can be calculated by the proportion of number of occurrences to the total number of items in the basket (i.e., support(apples) = 5/8). Confidence : This explai...

Association rule learning - Wikipedia

    https://en.wikipedia.org/wiki/Association_rule_learning
    Association rule learning is a rule-based machine learning method for discovering interesting relations between variables in large databases. It is intended to identify strong rules discovered in databases using some measures of interestingness. Based on the concept of strong rules, Rakesh Agrawal, Tomasz Imieliński and Arun Swami introduced association rules for …

(PDF) Support vs Confidence in Association Rule Algorithms ...

    https://www.academia.edu/648890/Support_vs_Confidence_in_Association_Rule_Algorithms
    The discovery of interesting association relationships among large amounts of business transactions is currently vital for making appropriate business decisions. There are currently a variety of algorithms to discover association rules. Some of these



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