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Discussion: Cluster analysis

Discussion: Cluster analysis

Please submit a minimum 1 page (single spaced) .  Based on your Module topics, what did you find new and interesting?  And what appeared to be a review?  Also, identify at least one discussion post you found interesting, helpful, or beneficial (and why). 
Overview & Learning Objectives
Topics covered in this Module

Cluster analysis
K-means clustering
Association rules
Text Mining
Word clouds
Statistical inference
Selecting a sample
Point estimation
Sampling distributions
Interval estimation
Hypothesis tests
Big data
Sampling error

Learning Objectives
 By the end of this module, students should be able to:

Explain concepts:

cluster analysis
centroids linkage
k-means clustering

Describe association rules and market basket applications
Explain word clouds
Discuss text mining and unstructured data
Apply k-means clustering
Compute cluster centers
Calculate confidence intervals using Excel
Calculate descriptive statistics using the Data Analysis Toolpak in Excel
Conduct one-tailed and two-tailed hypothesis tests in Excel
Calculate p-values and determine whether the null hypothesis should be rejected

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