Grouping objects by similarity using k-means
In this section, we will discuss one of the most popular clustering algorithms, k-means, which is widely used in academia as well as in industry. Clustering (or cluster analysis) is a technique that allows us to find groups of similar objects, objects that are more related to each other than to objects in other groups. Examples of business-oriented applications of clustering include the grouping of documents, music, and movies by different topics, or finding customers that share similar interests based on common purchase behaviors as a basis for recommendation engines.
As we will see in a moment, the k-means algorithm is extremely easy to implement but is also computationally very efficient compared to other clustering algorithms, which might explain its popularity. The k-means algorithm belongs to the category of prototype-based clustering. We will discuss two other categories of clustering, hierarchical and density-based clustering, later in...
