k-Means Clustering of Bank Customers. Apply k-means clustering with values of k= 2, 3, 4, and 5

Fantastic news! We've Found the answer you've been seeking!

Question:

k-Means Clustering of Bank Customers. Apply k-means clustering with values of k= 2, 3, 4, and 5 to cluster the data in DemoKTC based on the Age, Income, and Children variables. Normalize the values of the input variables to adjust for the different magnitudes of the variables. How many clusters do you recommend? Why?