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(ISACA) International Journal of Advanced Computer Science and Applications, Vol. 13, No. 6, 2022KMeans Customers Clustering by their FMT and Score Satisfaction Analysis Done Missouri, Abdallah Armani,
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01
Choose the number of clusters you want to create.
02
Randomly initialize the centroids for each cluster.
03
Assign each customer to the nearest centroid based on a distance metric (usually Euclidean distance).
04
Recalculate the centroids by taking the mean of all the customers assigned to each cluster.
05
Repeat steps 3 and 4 until the centroids no longer change significantly or a predefined number of iterations is reached.

Who needs k-means customers clustering by?

01
Businesses looking to segment their customers based on similar characteristics and purchasing behaviors.
02
Marketers who want to personalize marketing strategies for different customer segments.
03
Researchers analyzing customer data to identify trends and patterns in customer behavior.
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K-means customers clustering is a method used in data analysis that segments customers into distinct groups based on their behaviors and characteristics, enabling businesses to tailor their marketing strategies effectively.
Businesses that use k-means clustering to analyze customer data for segmentation purposes may be required to file associated reports, particularly if mandated by regulatory frameworks or data analytics standards.
Filling out k-means customers clustering typically involves collecting customer data, performing the clustering algorithm to segment the customers into groups, and documenting the findings and insights derived from the analysis on the required report format.
The purpose of k-means customers clustering is to identify patterns in customer data that can inform marketing strategies, product development, and customer service enhancements by enabling targeted approaches tailored to different customer segments.
The information reported typically includes the number of clusters, characteristics of each cluster, methods used for clustering, significance of the findings, and any actionable insights derived from the analysis.
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