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Predictive Analytics using Rattle and Qlik Sense

Predictive Analytics using Rattle and Qlik Sense

By : Ferran Garcia Pagans, Fernando G Pagans
4 (5)
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Predictive Analytics using Rattle and Qlik Sense

Predictive Analytics using Rattle and Qlik Sense

4 (5)
By: Ferran Garcia Pagans, Fernando G Pagans

Overview of this book

If you are a business analyst who wants to understand how to improve your data analysis and how to apply predictive analytics, then this book is ideal for you. This book assumes you have some basic knowledge of statistics and a spreadsheet editor such as Excel, but knowledge of QlikView is not required.
Table of Contents (11 chapters)
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10
Index

Chapter 5. Clustering and Other Unsupervised Learning Methods

In this chapter, we will:

  • Define machine learning
  • Introduce unsupervised and supervised methods
  • Focus on K-means, a classic machine learning algorithm, in detail

We'll use K-means to improve the application we created in Chapter 4, Creating Your First Qlik Sense Application. In Chapter 4, Creating Your First Qlik Sense Application, we created a Qlik Sense application to understand our customers' behavior. In this chapter, we'll create clusters of customers based on their annual money spent. This will give us a new insight. Being able to group our customers based on their annual money spent will allow us to see the profitability of each customer group and deliver more profitable marketing campaigns or create tailored discounts.

Finally, we'll see hierarchical clustering, different clustering methods, and association rules. Association rules are generally used for market basket analysis.

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