The Segmentation & Clustering course provides students with the knowledge to build and apply clustering models to develop sophisticated segmentation in business contexts.
Overview
Syllabus
- Segmentation Fundamentals
- Understand the difference between localization, standardization, and segmentation
- Preparing Data for Clustering
- Scale data to prepare a dataset for cluster modeling. Select variables to include based on the business context.
- Variable Reduction
- Use principal components analysis (PCA) to reduce the number of variables for cluster model
- Clustering Models
- Select the appropriate number of clusters. Build and apply a k-centroid cluster model.
- Validating and Applying Clusters
- Validate the results of a cluster model. Visualize and communicate the results of a cluster model.
Taught by
Rod Light