Question

In: Advanced Math

What is Clustering? What is the purpose of clustering? What assumptions are needed for clustering? Why...

  • What is Clustering?
  • What is the purpose of clustering?
  • What assumptions are needed for clustering?
  • Why do you need to transform qualitative variables to be presented by numbers in clustering?
  • What is the purpose of normalizing quantitative variables?

Solutions

Expert Solution

Solution : i> Clustering : Clustering is a group of data object that belongs to the same class . Clustering helps divide data into a number of subsets. Each of these subsets contain data that is similar to one another.

ii> Purpose of Clustering : The purpose of clustering is to place objects into groups, or clusters, suggested by the data, not defined a priori , such that objects in a given cluster tend to be similar to each other in some sense, and objects in different clusters tend to be dissimilar.

iii> Assumptions in Clustering : The assumptions in clustering are given below :

1. It is always assumed that the sample is representative for the population

2. It is assumed that variables are not correlated; if variables are correlated, remove correlated variables or use distance  measures that compensates for the correlation .


Related Solutions

why adjusting entries and closing entries are needed. What is their purpose? How are they different?...
why adjusting entries and closing entries are needed. What is their purpose? How are they different? (no handwriting)
Why is the Conceptual Framework of Accounting needed? Define one of the elements, assumptions, principles, or...
Why is the Conceptual Framework of Accounting needed? Define one of the elements, assumptions, principles, or constraints of the Conceptual Framework, and explain why it is fundamental for meeting the objectives of financial reporting?
1- What is the purpose of ANOVA ? 2- What are the assumptions of ANOVA? 3-...
1- What is the purpose of ANOVA ? 2- What are the assumptions of ANOVA? 3- When and how should you use multiple comparison procedures for evaluating pairwise combinations of the group means?
What are “temporal clustering” and “spatial clustering” in descriptive epidemiology? What is the significance of each...
What are “temporal clustering” and “spatial clustering” in descriptive epidemiology? What is the significance of each type of clustering?
Why do business from clusters and what are the advantages or disadvantages of clustering?
Why do business from clusters and what are the advantages or disadvantages of clustering?
a)What is the main purpose of simplifying assumptions of Positive Accounting Theory (PAT)?b)Explain why PAT assumes...
a)What is the main purpose of simplifying assumptions of Positive Accounting Theory (PAT)?b)Explain why PAT assumes ‘problems’ between managers and shareholders? Suggest ways shareholders can minimise these “problems”c)Define ‘creative accounting’, and its relationship with ethical dilemma for manager.
What is the key purpose and objective of budgets and forecasts? What assumptions were used in...
What is the key purpose and objective of budgets and forecasts? What assumptions were used in the preparation of these budgets? Is there a need to review your assumptions and why? How would you use information regarding market growth and development? What accounting principles apply to budgeting? What legal and ethical considerations were used in preparing your budgets? What milestones and performance indicators
Explain: OLS is BLUE under some assumptions. What assumptions and why?
Explain: OLS is BLUE under some assumptions. What assumptions and why?
What assumptions are necessary for a market to be perfectly competitive? Why each of these assumptions...
What assumptions are necessary for a market to be perfectly competitive? Why each of these assumptions seem important to you. For a perfectly competitive firm following information are available: Q = 100 units; AC = Taka 25, AVC =Taka 10; P = Taka 20. Based on the on the information provide your recommendation for the firm.
What is clustering? Explain how K-Means Clustering Algorithm works? What are the Advantages and disadvantages of...
What is clustering? Explain how K-Means Clustering Algorithm works? What are the Advantages and disadvantages of Clustering ALgorithms discussed in our class (K-Means,Hierchal)? Which Clustering Algorithm is better K-Means or hierarchical Clustering? Explain with a proper example which is better algorithm?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT