Question 1Which of the following is an application of clustering?1 pointPrice estimationSales predictionCustomer churn predictionCustomer segmentation

Question

Question 1Which of the following is an application of clustering?1 pointPrice estimationSales predictionCustomer churn predictionCustomer segmentation
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Solution 1

The correct answer is "Customer segmentation".

Clustering is a type of unsupervised machine learning algorithm used to group similar items together. In the context of business, it can be used for customer segmentation where customers are grouped into clusters based on similar characteristics. This Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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