IDS 200 Lecture Notes - Lecture 14: Data Mining, Conditional Probability, Web Service
12 Feb 2020
School
Department
Course
Professor
Document Summary
Relevant data: one year of purchases of video game systems and accessories: Support: probability that two items x and y will be bought together. Confidence: conditional probability that y will be bought given that x was bought. Lift: increased probability of purchasing y given that x was bought. Problem: a scholarship program wishes to grant awards only to students likely to graduate. Problem: a bank wishes to minimize its risk of loan defaults by filtering risky loan recipients. Past performance does not guarantee future results. C. 2010: why businesses needed the cloud. In case you didn"t know, amazon has the largest cloud operation in the world: Next biggest 3 have about 10% share each. In 2000, amazon was building tools to help other retailer take advantage of its e-commerce engine. Amazon also realized it was missing opportunities for system. The resulting standardization was the foundation of amazon.
