Clustering in daily life
Cluster Analysis is finding groups of objects such that the object in a group will be similar (or related) to one another and different from (or unrelated to) the objects in other groups.
It's finding similarities between data according to the characteristics found in the data and grouping similar data objects into clusters.
I found examples of clustering analysis in daily life:
- Marketing : It helps the marketers discover distinct groups in their customer bases, and then use this knowledge to develop targeted marketing programs.
- Land use : It identification of areas of similar land use in an earth observation database.
- Insurance : It identifying groups of houses according to their house type, value, and geographical location
- Earth-quake studies : Observed earthquake epicenters should be clustered along continent faults
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