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Predictive data mining models
Olson, David L
Predictive data mining models / David L. Olson and Desheng Wu - 2nd ed. - Springer Singapore 2020 - xi, 125 p. ill. 23 cm. - Computational risk management .
This book provides an overview of predictive methods demonstrated by open source software modeling with Rattle (R) and WEKA. 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. 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 prescriptive 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.
9789811396663
Business Data processing
Data Mining
006.312 / OLS
Predictive data mining models / David L. Olson and Desheng Wu - 2nd ed. - Springer Singapore 2020 - xi, 125 p. ill. 23 cm. - Computational risk management .
This book provides an overview of predictive methods demonstrated by open source software modeling with Rattle (R) and WEKA. 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. 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 prescriptive 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.
9789811396663
Business Data processing
Data Mining
006.312 / OLS