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What is the significance of the value of k in k-nn

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Assignment

Problem 1

Select two application areas for data mining NOT discussed in the text book and briefly discuss how data mining is being used to solve a problem (or to explore an opportunity)?.

Problem 2

What is Association Rule Mining? And explain how Market-basket analysis helps retail business to maximize the profit from business transactions?

Problem 3

Discuss k-nearest Neighbor (KNN) learning algorithm. What is the significance of the value of k in k-NN.

Problem 4

Discuss the two estimation methods of classification-type data mining models while considering ANN as a classifier.

Text Book: Business Intelligence and Analytics: Systems for Decision Support by Ramesh Sharda, Dursun Delen and Efraim Turban, TENTH EDITION.

Reference no: EM131438433

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