Question Description
This must be done in SPSS Modeler!!! The purpose of this assignment is to perform association rulesanalysis to determine whether or not the information generated can beused to address a specific business problem.
For this assignment, you will use the "Bakery" data set from theTopic Materials. Most data categories are self-explanatory. Clarifyingnotes are as follows.
- ReceiptID: Unique receipt ID (note that all items with the same receipt ID were purchased together)
- Item: Name of the food item that was purchased
A bakery is interested in increasing sales by optimally displayingand arranging its various baked goods and drinks. The bakery would liketo know which items are typically purchased together so it can place thecorrelated items closer together in its display cases. The bakery hasrandomly selected 1,000 receipts and compiled a list of items that werepurchased together for each receipt.
As an analyst, you have been asked to examine the data, summarizeyour findings, and recommend how the bakery can use these findings tostrategically arrange its bakery products to increase sales. Useassociative rules analysis to explore the various dependencies amongpurchased items. Use the Apriori method to do the analysis with aminimum antecedent support of 4%, minimum confidence of 70%, and maximumnumber of antecedents of 5. Analyze and interpret several of theresulting rules. Present your finding in the form of a 250-wordexecutive summary that includes relevant data, charts, and tables, andaddresses the following.
Question 1: How would you explain theconcepts of support, confidence, and lift to an executive who isunfamiliar with association rules analysis? Include the Apriori methodoutput chart when submitting the answer.
Question 2: What would you say about the support of the rules derived from the Apriori analysis?
Question 3: If both an apple tart and anapple Danish were purchased, how likely is it that an apple croissant isalso purchased? Explain your answer.
Question 4: Does it make sense for thebakery to place all of its apple-flavored items together in the displayor is it better to spread them out in the display? Explain why.
Question 5: If the bakery wanted to increase the sales of cherry soda, what cross-promotional offers could it employ? Explain why.
General Requirements:
Submit the executive summary as Word document.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.