Solved: Which one of the above techniques would you choose and why, Business Management

+44 141 628 6080
[email protected]

Which one of the above techniques would you choose and why

As a supermarket manager, you need to choose an appropriate data analytics technique to support product pricing and promotion decisions. The supermarket has accumulated a great deal of past sales data and you would like to use it to make informed decisions. You are considering using one of the following analytical techniques for this purpose: (1) Association rules mining (2) Cluster analysis.

Which one of the above techniques would you choose and why?
What variables would you include in the selected analysis?

View Complete Question

Solution Preview :

Prepared by a verified Expert

Business Management: Which one of the above techniques would you choose and why

Reference No:- TGS02705933

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Business Management

Q : Success of negotiations depends on successful

success of negotiations depends on successful implementation of agreements and leaders have a great role to play in

Q : Assuming that the bonds are always default-risk free draw a

trombleys pet foods is currently financed 80 by common stock and 20 by bonds the expected return on the common stock is

Q : 1 how should jacobs respond to this report from the

john jacobs was sales supervisor for the electronics department of appliances galore a chain of large superstores

Q : What is the difference between an incident and accident in

what is the difference between an incident and accident in relation to a hazardous

Q : Which one of the above techniques would you choose and why

as a supermarket manager you need to choose an appropriate data analytics technique to support product pricing and

Q : Health information standards essay this requires research

assignmentinstructions health information standards essay this requires researchwhat are health information

Q : Two types of data management technologies include

two types of data management technologies include operational databases and data warehouses describe with examples how

Q : List the benefits and barriers of stakeholder participation

assignmentin this assignment you will review the health objectives from the healthy people 2020

Q : The allowance for doubtful accounts prior to adjustment has

tanaka company reported total sales for the current year to be 2500000 including cash sales of 500000 management

1927749

Questions
Asked

3,689

Active Tutors

1424001

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

How children have an innate resilience

Despite the trauma of abandonment, children have an innate resilience that allows them to overcome adversity and thrive. They demonstrate remarkable strength

Discuss use of electronic devices like social media

Research has found that the use of electronic devices like social media and cell phones is associated with mental health problems,

Introduce the instrument you are focusing on

Introduce the instrument you're focusing on. Provide some background information about it and state why it's important in psychological assessment.

How you ensure that other team members understand roles

Discuss how you plan to comply with this requirement and explain how you will ensure that other team members understand their roles.

Describe psychology research methods

Question: An old adage in psychology research methods courses is that "correlation does not prove causation".

Compare independent variables, dependent variables

Problem: Compare independent variables, dependent variables, and extraneous variables.

How does instagram shape the ways we see our bodies

Question: How does Instagram shape the ways we see our bodies? Our gender?