Pronursingexperts.com empowers students by providing them with the tools they need to succeed. By alleviating the burden of homework assignments, students can focus on gaining a deeper understanding of their coursework, engaging in extracurricular activities, and developing essential life skills. Academic success is not solely about grades; it’s also about building confidence. When students receive well-researched and impeccably written assignments from Pronursingexperts.com, they gain confidence in their abilities. This newfound confidence often translates into improved performance in their classes. In the ever-evolving landscape of education, Pronursingexperts.com stands as a beacon of support, guiding students towards academic excellence. With its unwavering commitment to quality, individual attention, and timely delivery, Pronursingexperts.com has rightfully earned its reputation as the best academic writing company. By assisting students in their academic endeavors, this platform is not just completing homework; it’s building the foundation for a brighter, more successful future for students around the world.
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
The purpose of this assignment is to perform association rules analysis to determine whether or not the information generated can be used to address a specific business problem.
For this assignment, you will use the “Bakery” data set from the Topic Materials. Most data categories are self-explanatory. Clarifying notes 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 displaying and arranging its various baked goods and drinks. The bakery would like to know which items are typically purchased together so it can place the correlated items closer together in its display cases. The bakery has randomly selected 1,000 receipts and compiled a list of items that were purchased together for each receipt.
As an analyst, you have been asked to examine the data, summarize your findings, and recommend how the bakery can use these findings to strategically arrange its bakery products to increase sales. Use associative rules analysis to explore the various dependencies among purchased items. Use the Apriori method to do the analysis with a minimum antecedent support of 4%, minimum confidence of 70%, and maximum number of antecedents of 5. Analyze and interpret several of the resulting rules. Present your finding in the form of a 250-word executive summary that includes relevant data, charts, and tables, and addresses the following.
Question 1: How would you explain the concepts of support, confidence, and lift to an executive who is unfamiliar with association rules analysis? Include the Apriori method output 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 an apple Danish were purchased, how likely is it that an apple croissant is also purchased? Explain your answer.
Question 4: Does it make sense for the bakery to place all of its apple-flavored items together in the display or 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.
Submit the executive summary as Word document.
APA format is not required, but solid academic writing is expected.
This assignment uses a grading rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are not required to submit this assignment to Turnitin.
Top of Form
Bottom of Form
Pronursingexperts.com recognizes that students often encounter challenging assignments that may be beyond their current skill level or require more time than they can spare due to their busy schedules. The platform steps in to provide valuable academic support by offering assistance with a wide range of assignments. Whether it’s a complex research paper, a challenging math problem set, or a literary analysis, Pronursingexperts.com ensures that students receive the guidance they need to excel. Every student is unique, and so are their academic needs. Pronursingexperts.com recognizes this and offers customized solutions. Students can communicate directly with their assigned writers, providing specific instructions and guidelines. This personal touch ensures that each assignment reflects the student’s individual style and preferences. Meeting deadlines is a critical aspect of academic success. Pronursingexperts.com understands this and prioritizes punctuality. The platform is known for its ability to deliver assignments promptly, even when facing tight schedules. This reliability allows students to submit their work on time, relieving them of the stress associated with late submissions.