Which of the following best describes the similarity matching approach to data analytics?
A) An attempt to assign each unit (or individual) in a population into a few categories.
B) An attempt to identify similar individuals based on data known about them.
C) An attempt to divide individuals into groups in a useful or meaningful way.
D) An attempt to discover associations between individuals based on transactions involving them.

Question

Quizplus · Accepted Answer

The similarity matching approach to data analytics involves identifying individuals or units that share similar characteristics or behaviors based on known data about them. This approach is often used in clustering or segmentation analysis to group individuals into similar categories.

Which of the Following Best Describes the Similarity Matching Approach