18C5T13 Study Guide - Final Guide: Unit, Exponential Growth, Web Mining

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Document Summary

Many business enterprises accumulate large quantities of data from their day - to- day operations. For example, huge amounts of customer purchase data are collected daily at the checkout counters of grocery stores. Table below illustrates an example of such data, commonly known as market basket transactions. Each row in this table corresponds to a transaction, which contains a unique identifier labeled tid and a set of items bought by a given customer. Retailers are interested in analyzing the data to learn about the purchasing behavior of their customers: such valuable information can be used to support a variety of business-related applications such as , marketing promotions. Association analysis, which is useful for discovering interesting relationships hidden in large data sets. The uncovered relationships can be represented in the form of association rules or sets of frequent items. The following rule can be extracted from the data set shown in table: {diapers} {beer}.

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