Recommendation Agents Work by Performing Cluster Analysis on a Spreadsheet

question 15

True/False

Recommendation agents work by performing cluster analysis on a spreadsheet where the rows are customers and the columns are SKUs.If there is a 0 in the cell, then the customer has purchased that item; if there is a 1, the customer has not purchased that item.

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Definitions:

Capital Accumulation

The growth of assets or wealth through investment or profits, often reinvested to generate further growth.

Costly

Something described as costly is considered to have a high price or to entail a great expense, often in terms of money, time, or effort.

Society

A group of individuals living as a community or an organized group with shared laws, traditions, and values.

Saving Rate

The proportion of income that is not spent on consumption but is instead saved or invested.