Can somebody tell me or give a reference about the "Market Basket Problem" in data mining. What is this problem about? Any scientific reference with application will be greatly appreciated.
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$\begingroup$ I think the term you are looking for is Association rule learning. $\endgroup$– mlwidaJun 1, 2012 at 9:04
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$\begingroup$ If the answer of RomaH is not the one you are looking for, please state why. Otherwise I suggest to accept it ;) $\endgroup$– mlwidaJun 6, 2012 at 7:27
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If you are referring to the Market Basket Problem that I am thinking of… It is simple the question of, "What is the probability that product C is in the basket if person A has placed product B in the basket?"
It can be as simple as a series of Chi studies and correlations. I prefer to stick to Occam's Razor and keep my solutions simple until I find a problem or need that requires more complex solutions.
Now that I am no longer in school and don't have good access to academia databases I just did a quick Google of that phrase "Market Basket Problem" and the first few results are some academic article on the subject for free.
I liked this article and found it useful, PDF from Penn State. I hope this helps you.
