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| Name | Power BI: Market Basket Analysis Simplified: A Step-by-Step Guide |
| Video Uploader | Video From ViSIT |
| Upload Date | This Video Uploaded At 08-02-2023 20:01:08 |
| Video Discription | The video explains how to perform market basket analysis in Power BI, using sales data of over half a million items. Market basket analysis is a data mining technique used by retailers to understand customer purchasing patterns and increase sales. The process starts by importing the data into Power BI, and creating a duplicate of the existing table. Relationships between the two tables are created using the bill number field. In the report tab, a dashboard is created with a text box title and a list of items on the left. The item name field from the duplicate table is added and displayed as a bar chart, with the number of items on the X axis and the item name on the Y axis. The chart can be further improved by switching the bar chart from highlights to filter. The result of the market basket analysis is a visualization that shows the items that are most frequently purchased together. https://virtual-school.org/tutorial?v=yzDGvZEtYdQ #MarketBasketAnalysis #PowerBI #DataMining #RetailSales #DataVisualization #CustomerPurchasingPatterns #DataAnalysis #Dashboards #BusinessIntelligence [yzDGvZEtYdQ] |
| Category | Education |
| Tags | Market Basket Analysis | Power BI | Data Mining | Retail Sales | Data Visualization | Customer Purchasing Patterns | Data Analysis | Dashboards | Business Intelligence |
