{"id":664,"date":"2014-10-01T04:55:44","date_gmt":"2014-10-01T04:55:44","guid":{"rendered":"http:\/\/rovdownloads.com\/blog\/?p=664"},"modified":"2014-10-01T04:55:44","modified_gmt":"2014-10-01T04:55:44","slug":"segmentation-clustering","status":"publish","type":"post","link":"https:\/\/rovdownloads.com\/blog\/segmentation-clustering\/","title":{"rendered":"Segmentation Clustering"},"content":{"rendered":"<p>Another analytical technique of interest is that of segmentation clustering. Figure 1 illustrates a sample dataset. You can select the data and run the tool through Risk Simulator | Tools | Segmentation Clustering. Figure 1 also shows a sample segmentation of two groups. That is, taking the original dataset, we run some internal algorithms (a combination or k-means hierarchical clustering and other method of moments in order to find the best-fitting groups<br \/>\nor natural statistical clusters) to statistically divide or segment the original dataset into two groups. You can see the two-group memberships in Figure 1. Clearly, you can segment this dataset into as many groups as you wish. This technique is valuable in a variety of settings including marketing (market segmentation of customers into various customer relationship management groups etc.), physical sciences, engineering, and others.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled39.png\" alt=\"Untitled\" width=\"841\" height=\"507\" class=\"alignnone size-full wp-image-665\" srcset=\"https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled39.png 841w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled39-300x180.png 300w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled39-210x126.png 210w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/p>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - http:\/\/www.hupso.com\/share\/ --><a class=\"hupso_toolbar\" href=\"http:\/\/www.hupso.com\/share\/\"><img decoding=\"async\" src=\"https:\/\/static.hupso.com\/share\/buttons\/share-medium.png\" style=\"border:0px; padding-top:5px; float:left;\" alt=\"Share Button\"\/><\/a><script type=\"text\/javascript\">var hupso_services_t=new Array(\"Twitter\",\"Facebook\",\"Google Plus\",\"Linkedin\");var hupso_background_t=\"#EAF4FF\";var hupso_border_t=\"#66CCFF\";var hupso_toolbar_size_t=\"medium\";var hupso_image_folder_url = \"http:\/\/rovdownloads.com\/blog\/wp-content\/plugins\/hupso-share-buttons-for-twitter-facebook-google\/img\/services\/\";var hupso_url_t=\"\";var hupso_title_t=\"Segmentation Clustering\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share_toolbar.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"excerpt":{"rendered":"<p>Another analytical technique of interest is that of segmentation clustering. Figure 1 illustrates a sample dataset. You can select the data and run the tool through Risk Simulator | Tools &hellip; <a class=\"readmore\" href=\"https:\/\/rovdownloads.com\/blog\/segmentation-clustering\/\">Continue Reading &amp;rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[60],"class_list":["post-664","post","type-post","status-publish","format-standard","hentry","category-blog","tag-clustering"],"acf":[],"_links":{"self":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/comments?post=664"}],"version-history":[{"count":1,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/664\/revisions"}],"predecessor-version":[{"id":666,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/664\/revisions\/666"}],"wp:attachment":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/media?parent=664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/categories?post=664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/tags?post=664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}