Essays about: "MCLUST"

Found 1 essay containing the word MCLUST.

  1. 1. Customer segmentation of retail chain customers using cluster analysis

    University essay from KTH/Matematisk statistik

    Author : Sebastian Bergström; [2019]
    Keywords : Cluster analysis; customer segmentation; tEIGEN; MCLUST; K-means; NMF; Silhouette; Davies-Bouldin; big spenders; statistics; applied mathematics; unsupervised learning; Klusteranalys; kundsegmentering; tEIGEN; MCLUST; K-means; NMF; Silhouette; Davies-Bouldin; storkonsumenter; statistik; tillämpad matematik;

    Abstract : In this thesis, cluster analysis was applied to data comprising of customer spending habits at a retail chain in order to perform customer segmentation. The method used was a two-step cluster procedure in which the first step consisted of feature engineering, a square root transformation of the data in order to handle big spenders in the data set and finally principal component analysis in order to reduce the dimensionality of the data set. READ MORE