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K-means clustering is a popular unsupervised machine learning algorithm used to partition a dataset into 'k' distinct groups based on feature similarities. The algorithm works by assigning data points to the nearest centroid and then recalculating the centroids until convergence, helping to identify natural groupings within the data. This technique plays a crucial role in data mining and predictive analytics, as it allows businesses to segment customers or identify patterns in large datasets without prior labeling.
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