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Automatic Interaction Detector Analysis

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Automatic Interaction Detector Analysis
A statistical technique used to determine potential buyers of a product. It takes a universe of potential buyers and uses a series of steps to identify groups with certain buying habits. It expresses these persons with similar buying habits as clusters on a graph. It is used in multivariate analysis.
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For example, Chi Squared Automatic Interaction Detector analysis may be used to create new variables composed of combinations of like or unlike known variables.
Analyze this: health insurers can predict claims risks by studying ... by Shreve, Jonathan L. / Best's Review
 
 
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