Data Mining And Statistics For Decision Making

Author : Stéphane Tufféry
Publisher : John Wiley & Sons
Page : 748 pages
File Size : 40,9 Mb
Release : 2011-03-23
Category : Mathematics
ISBN : 9780470979280

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Data Mining and Statistics for Decision Making by Stéphane Tufféry Pdf

Data mining is the process of automatically searching large volumes of data for models and patterns using computational techniques from statistics, machine learning and information theory; it is the ideal tool for such an extraction of knowledge. Data mining is usually associated with a business or an organization's need to identify trends and profiles, allowing, for example, retailers to discover patterns on which to base marketing objectives. This book looks at both classical and recent techniques of data mining, such as clustering, discriminant analysis, logistic regression, generalized linear models, regularized regression, PLS regression, decision trees, neural networks, support vector machines, Vapnik theory, naive Bayesian classifier, ensemble learning and detection of association rules. They are discussed along with illustrative examples throughout the book to explain the theory of these methods, as well as their strengths and limitations. Key Features: Presents a comprehensive introduction to all techniques used in data mining and statistical learning, from classical to latest techniques. Starts from basic principles up to advanced concepts. Includes many step-by-step examples with the main software (R, SAS, IBM SPSS) as well as a thorough discussion and comparison of those software. Gives practical tips for data mining implementation to solve real world problems. Looks at a range of tools and applications, such as association rules, web mining and text mining, with a special focus on credit scoring. Supported by an accompanying website hosting datasets and user analysis. Statisticians and business intelligence analysts, students as well as computer science, biology, marketing and financial risk professionals in both commercial and government organizations across all business and industry sectors will benefit from this book.

Author : Tufféry
Publisher : Unknown
Page : 800 pages
File Size : 51,9 Mb
Release : 2020-11-06
Category : Electronic
ISBN : 1119583829

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Data Mining and Statistics for Decision Making by Tufféry Pdf

Author : Daniel S. Putler,Robert E. Krider
Publisher : CRC Press
Page : 315 pages
File Size : 44,6 Mb
Release : 2015-09-15
Category : Business & Economics
ISBN : 9781498759700

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Customer and Business Analytics by Daniel S. Putler,Robert E. Krider Pdf

Customer and Business Analytics: Applied Data Mining for Business Decision Making Using R explains and demonstrates, via the accompanying open-source software, how advanced analytical tools can address various business problems. It also gives insight into some of the challenges faced when deploying these tools. Extensively classroom-tested, the text is ideal for students in customer and business analytics or applied data mining as well as professionals in small- to medium-sized organizations. The book offers an intuitive understanding of how different analytics algorithms work. Where necessary, the authors explain the underlying mathematics in an accessible manner. Each technique presented includes a detailed tutorial that enables hands-on experience with real data. The authors also discuss issues often encountered in applied data mining projects and present the CRISP-DM process model as a practical framework for organizing these projects. Showing how data mining can improve the performance of organizations, this book and its R-based software provide the skills and tools needed to successfully develop advanced analytics capabilities.

Author : Robert Nisbet,Gary Miner,Ken Yale
Publisher : Elsevier
Page : 822 pages
File Size : 49,7 Mb
Release : 2017-11-09
Category : Mathematics
ISBN : 9780124166455

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Handbook of Statistical Analysis and Data Mining Applications by Robert Nisbet,Gary Miner,Ken Yale Pdf

Handbook of Statistical Analysis and Data Mining Applications, Second Edition, is a comprehensive professional reference book that guides business analysts, scientists, engineers and researchers, both academic and industrial, through all stages of data analysis, model building and implementation. The handbook helps users discern technical and business problems, understand the strengths and weaknesses of modern data mining algorithms and employ the right statistical methods for practical application. This book is an ideal reference for users who want to address massive and complex datasets with novel statistical approaches and be able to objectively evaluate analyses and solutions. It has clear, intuitive explanations of the principles and tools for solving problems using modern analytic techniques and discusses their application to real problems in ways accessible and beneficial to practitioners across several areas—from science and engineering, to medicine, academia and commerce. Includes input by practitioners for practitioners Includes tutorials in numerous fields of study that provide step-by-step instruction on how to use supplied tools to build models Contains practical advice from successful real-world implementations Brings together, in a single resource, all the information a beginner needs to understand the tools and issues in data mining to build successful data mining solutions Features clear, intuitive explanations of novel analytical tools and techniques, and their practical applications

Author : Parul Gandhi,Surbhi Bhatia,Kapal Dev
Publisher : CRC Press
Page : 150 pages
File Size : 54,9 Mb
Release : 2021-12-21
Category : Computers
ISBN : 9781000506433

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Data Driven Decision Making using Analytics by Parul Gandhi,Surbhi Bhatia,Kapal Dev Pdf

This book aims to explain Data Analytics towards decision making in terms of models and algorithms, theoretical concepts, applications, experiments in relevant domains or focused on specific issues. It explores the concepts of database technology, machine learning, knowledge-based system, high performance computing, information retrieval, finding patterns hidden in large datasets and data visualization. Also, it presents various paradigms including pattern mining, clustering, classification, and data analysis. Overall aim is to provide technical solutions in the field of data analytics and data mining. Features: Covers descriptive statistics with respect to predictive analytics and business analytics. Discusses different data analytics platforms for real-time applications. Explain SMART business models. Includes algorithms in data sciences alongwith automated methods and models. Explores varied challenges encountered by researchers and businesses in the realm of real-time analytics. This book aims at researchers and graduate students in data analytics, data sciences, data mining, and signal processing.

Author : David Roi Hardoon,Galit Shmueli
Publisher : CRC Press
Page : 192 pages
File Size : 54,9 Mb
Release : 2013-03-26
Category : Business & Economics
ISBN : 9781439896549

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Getting Started with Business Analytics by David Roi Hardoon,Galit Shmueli Pdf

Assuming no prior knowledge or technical skills, Getting Started with Business Analytics: Insightful Decision-Making explores the contents, capabilities, and applications of business analytics. It bridges the worlds of business and statistics and describes business analytics from a non-commercial standpoint. The authors demystify the main concepts

Author : Dursun Delen
Publisher : FT Press
Page : 289 pages
File Size : 42,8 Mb
Release : 2014-12-16
Category : Business & Economics
ISBN : 9780133551112

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Real-World Data Mining by Dursun Delen Pdf

Use the latest data mining best practices to enable timely, actionable, evidence-based decision making throughout your organization! Real-World Data Mining demystifies current best practices, showing how to use data mining to uncover hidden patterns and correlations, and leverage these to improve all aspects of business performance. Drawing on extensive experience as a researcher, practitioner, and instructor, Dr. Dursun Delen delivers an optimal balance of concepts, techniques and applications. Without compromising either simplicity or clarity, he provides enough technical depth to help readers truly understand how data mining technologies work. Coverage includes: processes, methods, techniques, tools, and metrics; the role and management of data; text and web mining; sentiment analysis; and Big Data integration. Throughout, Delen's conceptual coverage is complemented with application case studies (examples of both successes and failures), as well as simple, hands-on tutorials. Real-World Data Mining will be valuable to professionals on analytics teams; professionals seeking certification in the field; and undergraduate or graduate students in any analytics program: concentrations, certificate-based, or degree-based.

Author : Luiz Paulo Fávero,Patrícia Belfiore
Publisher : Academic Press
Page : 1240 pages
File Size : 43,9 Mb
Release : 2019-04-11
Category : Business & Economics
ISBN : 9780128112175

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Data Science for Business and Decision Making by Luiz Paulo Fávero,Patrícia Belfiore Pdf

Data Science for Business and Decision Making covers both statistics and operations research while most competing textbooks focus on one or the other. As a result, the book more clearly defines the principles of business analytics for those who want to apply quantitative methods in their work. Its emphasis reflects the importance of regression, optimization and simulation for practitioners of business analytics. Each chapter uses a didactic format that is followed by exercises and answers. Freely-accessible datasets enable students and professionals to work with Excel, Stata Statistical Software®, and IBM SPSS Statistics Software®. Combines statistics and operations research modeling to teach the principles of business analytics Written for students who want to apply statistics, optimization and multivariate modeling to gain competitive advantages in business Shows how powerful software packages, such as SPSS and Stata, can create graphical and numerical outputs

Author : Robert Stahlbock,Sven F. Crone,Stefan Lessmann
Publisher : Springer Science & Business Media
Page : 387 pages
File Size : 53,9 Mb
Release : 2009-11-10
Category : Computers
ISBN : 9781441912800

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Data Mining by Robert Stahlbock,Sven F. Crone,Stefan Lessmann Pdf

Over the course of the last twenty years, research in data mining has seen a substantial increase in interest, attracting original contributions from various disciplines including computer science, statistics, operations research, and information systems. Data mining supports a wide range of applications, from medical decision making, bioinformatics, web-usage mining, and text and image recognition to prominent business applications in corporate planning, direct marketing, and credit scoring. Research in information systems equally reflects this inter- and multidisciplinary approach, thereby advocating a series of papers at the intersection of data mining and information systems research. This special issue of Annals of Information Systems contains original papers and substantial extensions of selected papers from the 2007 and 2008 International Conference on Data Mining (DMIN’07 and DMIN’08, Las Vegas, NV) that have been rigorously peer-reviewed. The issue brings together topics on both information systems and data mining, and aims to give the reader a current snapshot of the contemporary research and state of the art practice in data mining.

Author : Carlo Vercellis
Publisher : John Wiley & Sons
Page : 314 pages
File Size : 41,7 Mb
Release : 2011-08-10
Category : Mathematics
ISBN : 9781119965473

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Business Intelligence by Carlo Vercellis Pdf

Business intelligence is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all factors that affect a business, such as customers, competitors, business partners, economic environment, and internal operations, therefore enabling optimal decisions to be made. Business Intelligence provides readers with an introduction and practical guide to the mathematical models and analysis methodologies vital to business intelligence. This book: Combines detailed coverage with a practical guide to the mathematical models and analysis methodologies of business intelligence. Covers all the hot topics such as data warehousing, data mining and its applications, machine learning, classification, supply optimization models, decision support systems, and analytical methods for performance evaluation. Is made accessible to readers through the careful definition and introduction of each concept, followed by the extensive use of examples and numerous real-life case studies. Explains how to utilise mathematical models and analysis models to make effective and good quality business decisions. This book is aimed at postgraduate students following data analysis and data mining courses. Researchers looking for a systematic and broad coverage of topics in operations research and mathematical models for decision-making will find this an invaluable guide.

Author : Glenn J. Myatt
Publisher : John Wiley & Sons
Page : 294 pages
File Size : 55,8 Mb
Release : 2007-02-26
Category : Mathematics
ISBN : 9780470101018

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Making Sense of Data by Glenn J. Myatt Pdf

A practical, step-by-step approach to making sense out of data Making Sense of Data educates readers on the steps and issues that need to be considered in order to successfully complete a data analysis or data mining project. The author provides clear explanations that guide the reader to make timely and accurate decisions from data in almost every field of study. A step-by-step approach aids professionals in carefully analyzing data and implementing results, leading to the development of smarter business decisions. With a comprehensive collection of methods from both data analysis and data mining disciplines, this book successfully describes the issues that need to be considered, the steps that need to be taken, and appropriately treats technical topics to accomplish effective decision making from data. Readers are given a solid foundation in the procedures associated with complex data analysis or data mining projects and are provided with concrete discussions of the most universal tasks and technical solutions related to the analysis of data, including: * Problem definitions * Data preparation * Data visualization * Data mining * Statistics * Grouping methods * Predictive modeling * Deployment issues and applications Throughout the book, the author examines why these multiple approaches are needed and how these methods will solve different problems. Processes, along with methods, are carefully and meticulously outlined for use in any data analysis or data mining project. From summarizing and interpreting data, to identifying non-trivial facts, patterns, and relationships in the data, to making predictions from the data, Making Sense of Data addresses the many issues that need to be considered as well as the steps that need to be taken to master data analysis and mining.

Author : Trivedi, Shrawan Kumar,Dey, Shubhamoy,Kumar, Anil,Panda, Tapan Kumar
Publisher : IGI Global
Page : 438 pages
File Size : 55,5 Mb
Release : 2017-02-14
Category : Computers
ISBN : 9781522520320

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Handbook of Research on Advanced Data Mining Techniques and Applications for Business Intelligence by Trivedi, Shrawan Kumar,Dey, Shubhamoy,Kumar, Anil,Panda, Tapan Kumar Pdf

The development of business intelligence has enhanced the visualization of data to inform and facilitate business management and strategizing. By implementing effective data-driven techniques, this allows for advance reporting tools to cater to company-specific issues and challenges. The Handbook of Research on Advanced Data Mining Techniques and Applications for Business Intelligence is a key resource on the latest advancements in business applications and the use of mining software solutions to achieve optimal decision-making and risk management results. Highlighting innovative studies on data warehousing, business activity monitoring, and text mining, this publication is an ideal reference source for research scholars, management faculty, and practitioners.

Author : David L. Olson,Georg Lauhoff
Publisher : Springer
Page : 130 pages
File Size : 54,6 Mb
Release : 2019-05-06
Category : Business & Economics
ISBN : 9789811371813

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Descriptive Data Mining by David L. Olson,Georg Lauhoff Pdf

This book provides an overview of data mining methods demonstrated by software. Knowledge management involves application of human knowledge (epistemology) with the technological advances of our current society (computer systems) and big data, both in terms of collecting data and in analyzing it. We see three types of analytic tools. Descriptive analytics focus on reports of what has happened. Predictive analytics extend statistical and/or artificial intelligence to provide forecasting capability. It also includes classification modeling. Diagnostic analytics can apply analysis to sensor input to direct control systems automatically. Prescriptive analytics applies quantitative models to optimize systems, or at least to identify improved systems. Data mining includes descriptive and predictive modeling. Operations research includes all three. This book focuses on descriptive analytics. The book seeks to provide simple explanations and demonstration of some descriptive tools. This second edition provides more examples of big data impact, updates the content on visualization, clarifies some points, and expands coverage of association rules and cluster analysis. Chapter 1 gives an overview in the context of knowledge management. Chapter 2 discusses some basic software support to data visualization. Chapter 3 covers fundamentals of market basket analysis, and Chapter 4 provides demonstration of RFM modeling, a basic marketing data mining tool. Chapter 5 demonstrates association rule mining. Chapter 6 is a more in-depth coverage of cluster analysis. Chapter 7 discusses link analysis. Models are demonstrated using business related data. The style of the book is intended to be descriptive, seeking to explain how methods work, with some citations, but without deep scholarly reference. The data sets and software are all selected for widespread availability and access by any reader with computer links.

Author : Gary Miner
Publisher : Academic Press
Page : 1096 pages
File Size : 48,8 Mb
Release : 2012-01-11
Category : Computers
ISBN : 9780123869791

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Practical Text Mining and Statistical Analysis for Non-structured Text Data Applications by Gary Miner Pdf

"The world contains an unimaginably vast amount of digital information which is getting ever vaster ever more rapidly. This makes it possible to do many things that previously could not be done: spot business trends, prevent diseases, combat crime and so on. Managed well, the textual data can be used to unlock new sources of economic value, provide fresh insights into science and hold governments to account. As the Internet expands and our natural capacity to process the unstructured text that it contains diminishes, the value of text mining for information retrieval and search will increase dramatically. This comprehensive professional reference brings together all the information, tools and methods a professional will need to efficiently use text mining applications and statistical analysis. The Handbook of Practical Text Mining and Statistical Analysis for Non-structured Text Data Applications presents a comprehensive how- to reference that shows the user how to conduct text mining and statistically analyze results. In addition to providing an in-depth examination of core text mining and link detection tools, methods and operations, the book examines advanced preprocessing techniques, knowledge representation considerations, and visualization approaches. Finally, the book explores current real-world, mission-critical applications of text mining and link detection using real world example tutorials in such varied fields as corporate, finance, business intelligence, genomics research, and counterterrorism activities"--

Author : Ming-Hui Chen,Peter Müller,Dongchu Sun,Keying Ye,Dipak K. Dey
Publisher : Springer Science & Business Media
Page : 631 pages
File Size : 51,5 Mb
Release : 2010-07-24
Category : Mathematics
ISBN : 9781441969446

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Frontiers of Statistical Decision Making and Bayesian Analysis by Ming-Hui Chen,Peter Müller,Dongchu Sun,Keying Ye,Dipak K. Dey Pdf

Research in Bayesian analysis and statistical decision theory is rapidly expanding and diversifying, making it increasingly more difficult for any single researcher to stay up to date on all current research frontiers. This book provides a review of current research challenges and opportunities. While the book can not exhaustively cover all current research areas, it does include some exemplary discussion of most research frontiers. Topics include objective Bayesian inference, shrinkage estimation and other decision based estimation, model selection and testing, nonparametric Bayes, the interface of Bayesian and frequentist inference, data mining and machine learning, methods for categorical and spatio-temporal data analysis and posterior simulation methods. Several major application areas are covered: computer models, Bayesian clinical trial design, epidemiology, phylogenetics, bioinformatics, climate modeling and applications in political science, finance and marketing. As a review of current research in Bayesian analysis the book presents a balance between theory and applications. The lack of a clear demarcation between theoretical and applied research is a reflection of the highly interdisciplinary and often applied nature of research in Bayesian statistics. The book is intended as an update for researchers in Bayesian statistics, including non-statisticians who make use of Bayesian inference to address substantive research questions in other fields. It would also be useful for graduate students and research scholars in statistics or biostatistics who wish to acquaint themselves with current research frontiers.