The Endpoint of a K-Means Clustering Algorithm Occurs When

question 6

Multiple Choice

The endpoint of a k-means clustering algorithm occurs when

• A)Euclidean distance between clusters is minimized.
• B)Euclidean distance between observations in a cluster is maximized.
• C)no further changes are observed in cluster structure and number.
• D)all of the observations are encompassed within a single large cluster with mean k.

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Definitions:

M2

A classification of money supply that includes cash, checking deposits, and easily convertible near money like savings deposits, money market securities, and mutual funds.

Money Supply

The total financial assets existing in an economy at a specific period, incorporating cash, coins, and the balances maintained in checking and savings accounts.

Banking System

The structure of banks and financial institutions within an economy, which provides financial services including deposits, loans, and currency exchange.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money.