Archive for July 16th, 2010

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Number crunching through clustering

Number crunching through clustering

Separating your data into buckets is useful in a lot of problems especially fraud detection. How do you mathematically ‘cluster’ your data? One statistical way is the K-means clustering. Without delving into too much statistics, here is a spreadsheet you can use to do this for your own data. This sheet accepts pairs of two [...]