Course: Data Analytics for Managers

Our objective can now be restated in more precise language: we wish to find the value of k in our k-means clustering procedure that yields the lowest total cluster distortion. …

Key points from the video: Clustering is an unsupervised analysis technique that divides data points into groups or clusters. When data is clustered, similar points belong to the same cluster …

After watching this video you should understand how the k-means clustering algorithm has been used to successfully identify clusters in customer data. Continue your learning to find out how more …

Peter Worthington-Eyre is the Chief Data Officer/Executive Director in the Office for Data Analytics in the South Australian Department of the Premier and Cabinet. In this video he addresses the …

After watching this video you should be able to interpret simple and more complex network graphs.

This video is a walk-through of how the k-nearest neighbours algorithm works. It is a relatively simple technique, and it can be understood pictorially with a minimum of mathematics. Despite …

So far, we have been looking at how the price of a house depends on its size. But there are many other factors that affect the value of a house, …

This video explains the details of association rules analysis by using a hypothetical retail example. It also covers some standard terminology that is useful to understand association rules analyses.

After watching this video you should now understand how linear regression works and the importance of finding the line of best fit when making predictions. Share your thoughts How would …

This video begins our journey into the world of data analytics and will help you understand how it can be relevant to your work as a manager.