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Business Strategy Prediction System for Market Basket Analysis

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Quality, IT and Business Operations

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

Abstract

As per the today’s scenario, the current technology of modern trend is required to improve the performance by minimum effort, to find more valuable items, and to extract precious information for industry people from large dataset efficiently that contains sales transactions (e.g., collections of items bought by customers or details of a website frequentation). We are proposing novel approach Business Strategy Prediction System for Market Basket Analysis. It is to find that all existing algorithms are working to find the minimal frequent item set first, but here with the help of those methods, we are finding the maximal item set. When this algorithm encountered on dense data which having the large numbers of long patterns emerge that will give the more accurate and effective result which specify all of the frequent item sets.

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Correspondence to Sumit Jain .

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Jain, S., Sharma, N.K., Gupta, S., Doohan, N. (2018). Business Strategy Prediction System for Market Basket Analysis. In: Kapur, P., Kumar, U., Verma, A. (eds) Quality, IT and Business Operations. Springer Proceedings in Business and Economics. Springer, Singapore. https://doi.org/10.1007/978-981-10-5577-5_8

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