“In a time of drastic change, it is the learners who inherit the future.” – Eric Hoffer. As we move into 2024, using advanced methods to find specific groups in our data is key. Latent Class Analysis (LCA) helps us spot these groups. This gives us vital insights that improve our decisions. With more complex data, especially in behavior and education, LCA is crucial. It…
“In the middle of difficulty lies opportunity.” This quote by Albert Einstein highlights the power of Cluster Analysis Techniques in today’s data world. As we approach 2024-2025, clustering is key in data science. It uses unsupervised machine learning to find important patterns in big datasets without labels. Clustering helps in many areas, like marketing and social services. For example, companies use it to understand customer…