Cluster analysis

Cluster Analysis is a data mining technique that identifies certain commonalities in data and clusters these sets of data into groups accordingly. Businesses use cluster analysis in several applications, including market research, recognizing customer purchase patterns, market segmentation, product development and product positioning.

Table of Contents

SHARE

Contact Us

"*" indicates required fields

consent*

Related Glossary

Data center is the secure, controlled facility for housing computing,

Data blending is the process of combining data from multiple

Data Catalog is the organized process of collecting, indexing, and

Related Links

Data Science, AI, and ML have all become buzzwords commonly found in the business and tech…

AI in Financial Services: Use Cases, Challenges, Future Trends AI in Financial Services Why AI is…

Scroll to Top