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What Is Market Basket Analysis? |
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Answer» Market basket analysis is a DATA mining technique that determines which sets of products tend to be purchased together. A common technique uses conditional PROBABILITIES. In addition to the basic probability that an item will be purchased, three results are of particular interest: Market basket analysis is a data mining technique that determines which sets of products tend to be purchased together. A common technique uses conditional probabilities. In addition to the basic probability that an item will be purchased, three results are of particular interest: |
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