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Market_Basket_Analysis

Market basket analysis is a process that looks for relationships of objects that “go together” within the business context.

  1. Explain your project? Ans: Market Basket Analysis is one of the key techniques used by large retailers to uncover associations between items. It works by looking for combinations of items that occur together frequently in transactions. It is based upon Association based learning.

  2. Why this project? Ans: Market basket analysis goes beyond the supermarket scenario from which its name is derived. Market basket analysis is the analysis of any collection of items to identify affinities that can be exploited in some manner.

  3. What are the needs of the project? Ans: It only requires student of ML.

  4. What is the time of completion of the project? Ans: We require about seven days for completion of this project.