The XLMiner output of an association rule analysis of the DVD renters data using a specified support
Question:
a. Summarize the recommendations based on a lift ratio greater than 1.
b. Consider the recommendation of DVD B based on having rented C & E. (1) Identify and interpret the support for C & E. Do the same for the support for C & E & B. (2) Show how the Confidence% of 80 has been calculated. (3) Show how the Lift Ratio of 1.1429 (rounded) has been calculated.
Rule: If all Antecedent items are purchased, then with Confidence percentage Consequent items will also be purchased.
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Related Book For
Business Statistics In Practice Using Data Modeling And Analytics
ISBN: 9781259549465
8th Edition
Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree
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