In this video I will teach you how to perform a K-means cluster analysis with Excel. Cluster analysis is a wildly useful skill for ANY professional and K-means a great first clustering algorithm - no VBA code required!
Cluster analysis is used in all areas of business:
👉 In HR analytics for understanding similar employees
👉 In marketing analytics for customer segmentation
👉 In supply chain management to optimize logistics
The list goes on.
The great news is that you can perform K-means clustering in Excel using simple tools like VLOOKUPs and a tiny bit of Power Query.
This video is a fairly in-depth tutorial on K-means clustering, so feel free to jump around if a full tutorial experience is not what you need.
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Video Resources
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💻 Get the Excel workbook & Notepad file for this video:
github.com/Dav...
💥 Learning R programming is easy! 💥
Conduct powerful cluster analyses with R:
📺 • Learning R Programming...
💻 Example of a scree plot for choosing the number of clusters:
rstudio-pubs-s...
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Excel Analytics Training
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👩‍🔬👨‍🔬 Learn to use your basic Excel skills to analyze the business like a Facebook data scientist:
📺 • Introduction to Busine...
Stay healthy and happy data sleuthing!
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