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Data Mining Algorithms – K-Means Clustering
Hierarchical clustering could be very useful because it is easy to see the optimal number of clusters in a dendrogram and because the dendrogram visualizes the clusters and the process of building of that clusters. However, hierarchical methods don’t scale well. Just imagine how cluttered a dendrogram would be if 10,000 cases would be shown on ...
April 17, 2015
Data Mining Algorithms – Hierarchical Clustering
Clustering is the process of grouping the data into classes or clusters so that objects within a cluster have high similarity in comparison to one another, but are very dissimilar to objects in other clusters. Dissimilarities are assessed based on the attribute values describing the objects. There are a large number of clustering algorithms. The ...
March 28, 2015
Fraud Detection with the SQL Server Suite Part 3
This is the third part of the fraud detection whitepaper. You can find the first part and the second part in my previous blog posts about this topic. Data Preparation The problem of credit card fraud detection is not trivial. With every transaction processed, only a limited amount of data is available, making it difficult if not impossible to ...
November 27, 2013
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