Essay
To examine the local housing market in a particular region, a sample of 120 homes sold during a year is collected. The data are given below.
Apply k-means clustering with k = 10 using LandValue ($), BuildingValue ($), Acres, Age, and Price ($) as variables. Be sure to Normalize input data, and specify 50 iterations and 10 random starts in Step 2 of the XLMiner k-Means Clustering procedure. What is the smallest cluster? What is the least dense cluster (as measured by the average distance in the cluster)?
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We specify # Iterations = 50 and # Start...View Answer
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