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(ISACA) International Journal of Advanced Computer Science and Applications, Vol. 12, No. 10, 2021Machine Learning Mini Batch Means and Business Intelligence Utilization for Credit Card Customer Segmentation
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How to fill out application of k-means algorithm

01
Define the number of clusters you want the algorithm to identify.
02
Initialize the centroids for each cluster randomly.
03
Assign each data point to the nearest centroid.
04
Calculate the mean of the points in each cluster and update the centroids.
05
Repeat steps 3 and 4 until the centroids no longer change significantly or a maximum number of iterations is reached.

Who needs application of k-means algorithm?

01
Researchers and data scientists who want to segment data into clusters based on similarities.
02
Businesses looking to group customers based on purchasing behavior or demographics.
03
Engineers working on image processing or signal processing tasks.
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The application of k-means algorithm is to perform clustering on a set of data points in order to group them into K number of clusters.
Anyone working on data analysis or machine learning projects may need to use and file an application of k-means algorithm.
To fill out the application of k-means algorithm, one needs to provide the data points to be clustered and specify the number of clusters (K) desired.
The purpose of the application of k-means algorithm is to find similarities and patterns in the data by grouping them into clusters based on their features.
The information that must be reported on application of k-means algorithm includes the data points, the number of clusters (K), and the initial centroids for the clusters.
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