Analyzing Different Attributes Of A Car And Main Problem

3613 Words Apr 29th, 2015 15 Pages
Business Understanding

Business Problem:
I want to analyze different attributes of any particular car and main problem is finding out specification of an auto in terms of various characteristics and analyzing risking-factor of given autos with respect to given attributes of automobile. By such problem I will get analytical, statistical and in-depth visualization for analysis of given automobile. It would help for customers as well as for vendors in understanding multi- automobile characteristics in comprehensible way.
How (precisely) will a data mining solution address the business problem?
Data mining is having such techniques and algorithms that helpful in finding analytics from given data set, and helps in finding association between multiple attributes of raw-data. We can mined knowledge and useful extraction only by applying data mining techniques as by using frequent item-set mining we can see which are mostly frequent items in given data set. Which item-set likelihood occurrence is higher or which item-set is not much interested and having least occurring in given data set.
Data Understanding
I have selected automobile data set that I got from UCI repository from following link: https://archive.ics.uci.edu/ml/datasets/Automobile Jeffrey C. Schlimmer is the donor of this data set.
Data Set Information:
This data set consists of three types of entities: (a) the specification of an auto in terms of various characteristics, (b) its assigned insurance risk rating,…

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