Association rule learning is used to discover interesting correlations in large bodies of data.
It is commonly used in market analysis to identify sets of products that frequently co-occur in transactions. For example, a supermarket might use it to discover that customers who buy beer often also buy crisps or nuts. This information can be used to optimize product placement on shelves.
The process involves identifying frequent itemsets and then generating association rules from these itemsets. An association rule has two parts: an antecedent (if) and a consequent (then). The rule indicates that if the antecedent occurs, the consequent is likely to occur as well. The strength of the rule is measured using metrics such as support, confidence, and lift.
For instance, in a dataset of supermarket transactions, the rule if {bread, butter} then {milk}
might have high support, confidence, and lift, indicating a strong association between these items.
Association rule learning is important because it helps in uncovering hidden patterns in data, which can lead to actionable insights and better decision-making. It is widely used in various domains such as retail, healthcare, and finance to improve customer experience, detect fraud, and optimize operations.
Apriori, Eclat, and FPGrowth are specific algorithms used for association rule learning.
- Alias
- Association rule learning
- Related terms
- Unsupervised Learning Data Mining Market Analysis Apriori Eclat FPGrowth