Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Examples of multiple choice questions: (always only a single answer) 5) Geico (a car insurance company) wants to identify customer segments with respect to claim

image text in transcribed
Examples of multiple choice questions: (always only a single answer) 5) Geico (a car insurance company) wants to identify customer segments with respect to claim cost and premium. What method would you recommend Geico to use? A. Association rule B. K-means clustering C. Market Basket Analysis D. Apriori algorithm 6) Suppose you are studying online car rental and discover a rule Expedia.com => Avis.com with lift = 2. And you found out that Avis.com appeared 65 times among the total of 650 transactions in your dataset. What's the confidence for the above rule? A. 5%% B. 10% D. 650

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Probability

Authors: Mark Daniel Ward, Ellen Gundlach

1st edition

716771098, 978-1319060893, 1319060897, 978-0716771098

More Books

Students also viewed these Mathematics questions