5 Statistical Methods That Dominate Their Industries (and Why)

Discover which statistical methods dominate healthcare, finance, tech, retail, and sports analytics, and why these industry-method pairings became indispensable standards.

Discover which statistical methods dominate healthcare, finance, tech, retail, and sports analytics, and why these industry-method pairings became indispensable standards.

Learn how to use Python's Apriori algorithm to find frequent itemsets in transaction data automatically.
Apriori uses a simple strategy: if a set of items appears rarely, any larger set containing those items will be even rarer. This allows the algorithm to skip large portions of the search space.

Learn to calculate support, confidence, and lift metrics for market basket analysis using Python's mlxtend library.

Discover hidden customer purchasing patterns with market basket analysis to optimize product placement and increase sales.

Dynamic pricing remains a hotly contested concept in retail, particularly grocery. What if the pricing model was deployed solely to the benefit of consumers?
According to the WSJ, store associates highlight items about to expire, causing an electronic in-house pricing system to check every 15 minutes as to how they are selling, and whether further discounts are needed. The article states, “Prices on any one item are cut a maximum of four times in a day…
, in-store shoppers only see price cuts. Any increases are made when stores are closed.
In this article, I'll take you through the task of Market Basket Analysis using Python. Market Basket Analysis using Python.
Create insights from frequent patterns using market basket analysis with Python

Explanation and examples of frequent itemset mining and association rule learning over relational databases in Python

Winner’s Interview: 2nd place, Kazuki Onodera

Have you ever wondered how often do you buy certain items together? Why do you buy some items together? How likely do you purchase an item…
Some Projects in the area of pattern / process mining - LaurinBrechter/PatternMining

Finding high-value patterns in transactions