Summary
In this chapter, we focused on the online shopping dataset, wherein we are trying to draw insights from a customer's behavior on the site. We analyzed a number of factors, such as conversion rate and total revenue generated.
We also performed univariate and bivariate analysis while taking various dataset features into consideration, such as pageview duration, types of visitors, types of traffic, and browsers used. Then, we implemented the K-means algorithm and elbow method to find the optimum value of clusters, and visualized scatterplots based on this value. These plots, in turn, provided us with useful information so that we can plan our next course of action.
In the next chapter, we will be looking at credit card defaults of Taiwanese customers and how data analytics can be used to prevent them.