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Applied Predictive Modeling covers the overall predictive modeling process, beginning with the crucial steps of data preprocessing, data splitting and foundations of model tuning. The text then provides intuitive explanations of numerous common and modern regression and classification techniques, always with an emphasis on illustrating and solving real data problems. The text illustrates all parts of the modeling process through many hands-on, real-life examples, and every chapter contains extensive R code for each step of the process. This multi-purpose text can be used as an introduction to predictive models and the overall modeling process, a practitioner’s reference handbook, or as a text for advanced undergraduate or graduate level predictive modeling courses. To that end, each chapter contains problem sets to help solidify the covered concepts and uses data available in the book’s R package. This text is intended for a broad audience as both an introduction to predictive models as well as a guide to applying them. Non-mathematical readers will appreciate the intuitive explanations of the techniques while an emphasis on problem-solving with real data across a wide variety of applications will aid practitioners who wish to extend their expertise. Readers should have knowledge of basic statistical ideas, such as correlation and linear regression analysis. While the text is biased against complex equations, a mathematical background is needed for advanced topics.
Applied Predictive Modeling Predictive modeling uses statistics in order to predict outcomes. However, predictive modeling can be applied to future and to any other kind of unknown event, regardless of when it happened. When it comes to the applications of predictive modeling, techniques are used in various fields including algorithmic trading, uplift modeling, archaeology, health care, customer relationship management and many others. This book covers the predictive modeling process with fundamental steps of the process, data preprocessing, data splitting and crucial steps of model tuning and improving model performance. Further, the book will introduce you to the most common classification and regression techniques including logistic regression which is widely used when it comes to the finding the probability of event success or event failure. You will get to know the common predictive modeling techniques as well such as stepwise regression, polynomial regression and ridge regression which will help you when you are dealing with the data that suffers from very common multicollinearity where independent variables are highly correlated. The text then provides fundamental steps to effective predictive modeling. In the second chapter, you will learn how to build your own predictive model with logistic regression and Python. You will find data sets as well as corresponding codes. On of the crucial predictive modeling steps is model tuning, so you will learn some common techniques used in order to improve your model performance. You will get to know how to tune the parameters commonly used to increase the overall predictive power. Predictive modeling comes with a few obstacles and challenges like class imbalance. Imbalanced classes commonly put the accuracy of the model out of business, but you will learn how to properly handle class imbalance which will significantly improve the accuracy of your model. The book is multi-purpose focused on to predictive modeling process and predictive modeling techniques, so it will be of great help for those who are interested in predictive modeling techniques and applications. So, it is the right time to simplify the analysis, boost productivity as well as save time. The book will be your companion on your journey towards highly accurate predictive models. What you will learn in Applied Predictive Modeling: Most common predictive modeling techniques Types of regression models The overall predictive modeling process Fundamental steps to effective and highly accurate predictive modeling How to build predictive model with logistic regression with code listings How to build predictive model using Python How to enhance your model performance Parameters for increasing the overall predictive power How to handle class imbalance Common causes of poor model performance Get this book now and learn more about Applied Predictive Modeling!
Learn the art and science of predictive analytics —techniques that get results Predictive analytics is what translates big data intomeaningful, usable business information. Written by a leadingexpert in the field, this guide examines the science of theunderlying algorithms as well as the principles and best practicesthat govern the art of predictive analytics. It clearly explainsthe theory behind predictive analytics, teaches the methods,principles, and techniques for conducting predictive analyticsprojects, and offers tips and tricks that are essential forsuccessful predictive modeling. Hands-on examples and case studiesare included. The ability to successfully apply predictive analytics enablesbusinesses to effectively interpret big data; essential forcompetition today This guide teaches not only the principles of predictiveanalytics, but also how to apply them to achieve real, pragmaticsolutions Explains methods, principles, and techniques for conductingpredictive analytics projects from start to finish Illustrates each technique with hands-on examples and includesas series of in-depth case studies that apply predictive analyticsto common business scenarios A companion website provides all the data sets used to generatethe examples as well as a free trial version of software Applied Predictive Analytics arms data and businessanalysts and business managers with the tools they need tointerpret and capitalize on big data.
About This Book This jam-packed book takes you under the hood with step by step instructions using the popular and free R predictive analytics package. It provides numerous examples, illustrations and exclusive use of real data to help you leverage the power of predictive analytics. A book for every data analyst, student and applied researcher. Here is what it can do for you: BOOST PRODUCTIVITY: Learn how to build predictive analytic models in less time than you ever imagined possible! Even if you're a busy professional or a student with little time. By spending as little as 10 minutes a day working through the dozens of real world examples, illustrations, practitioner tips and notes, you'll be able to make giant leaps forward in your knowledge, strengthen your business performance, broaden your skill-set and improve your understanding. SIMPLIFY ANALYSIS: You will discover over 90 easy to follow applied predictive analytic techniques that can instantly expand your modeling capability. Plus you'll discover simple routines that serve as a check list you repeat next time you need a specific model. Even better, you'll discover practitioner tips, work with real data and receive suggestions that will speed up your progress. So even if you're completely stressed out by data, you'll still find in this book tips, suggestions and helpful advice that will ease your journey through the data science maze. SAVE TIME: Imagine having at your fingertips easy access to the very best of predictive analytics. In this book, you'll learn fast effective ways to build powerful models using R. LEARN FASTER: 92 Applied Predictive Modeling Techniques in R offers a practical results orientated approach that will boost your productivity, expand your knowledge and create new and exciting opportunities for you to get the very best from your data. IMPROVE RESULTS: Want to improve your predictive analytic results, but don't have enough time? Right now there are a dozen ways to instantly improve your predictive models performance. Odds are, these techniques will only take a few minutes apiece to complete. The problem? You might feel like there's not enough time to learn how to do them all. The solution is in your hands. It uses R, which is free, open-source, and extremely powerful software. Here is some of what is included: Support Vector Machines Relevance Vector Machines Neural networks Random forests Random ferns Classical Boosting Model based boosting Decision trees Cluster Analysis For people interested in statistics, machine learning, data analysis, data mining, and future hands-on practitioners seeking a career in the field, it sets a strong foundation, delivers the prerequisite knowledge, and whets your appetite for more. Buy the book today. Your next big breakthrough using predictive analytics is only a page away!
This second volume examines practical real-life applications of predictive modeling to forecast future events with an emphasis on insurance.
Predictive modeling uses data to forecast future events. It exploits relationships between explanatory variables and the predicted variables from past occurrences to predict future outcomes. Forecasting financial events is a core skill that actuaries routinely apply in insurance and other risk-management applications. Predictive Modeling Applications in Actuarial Science emphasizes life-long learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used to gain a competitive advantage in situations with complex data. Volume 2 examines applications of predictive modeling. Where Volume 1 developed the foundations of predictive modeling, Volume 2 explores practical uses for techniques, focusing on property and casualty insurance. Readers are exposed to a variety of techniques in concrete, real-life contexts that demonstrate their value and the overall value of predictive modeling, for seasoned practicing analysts as well as those just starting out.
Download Book Applied Predictive Modeling in PDF format. You can Read Online Applied Predictive Modeling here in PDF, EPUB, Mobi or Docx formats.Applied Predictive Modeling
Author : Max KuhnISBN : 9781461468493
Genre : Medical
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Applied Predictive Modeling covers the overall predictive modeling process, beginning with the crucial steps of data preprocessing, data splitting and foundations of model tuning. The text then provides intuitive explanations of numerous common and modern regression and classification techniques, always with an emphasis on illustrating and solving real data problems. The text illustrates all parts of the modeling process through many hands-on, real-life examples, and every chapter contains extensive R code for each step of the process. This multi-purpose text can be used as an introduction to predictive models and the overall modeling process, a practitioner’s reference handbook, or as a text for advanced undergraduate or graduate level predictive modeling courses. To that end, each chapter contains problem sets to help solidify the covered concepts and uses data available in the book’s R package. This text is intended for a broad audience as both an introduction to predictive models as well as a guide to applying them. Non-mathematical readers will appreciate the intuitive explanations of the techniques while an emphasis on problem-solving with real data across a wide variety of applications will aid practitioners who wish to extend their expertise. Readers should have knowledge of basic statistical ideas, such as correlation and linear regression analysis. While the text is biased against complex equations, a mathematical background is needed for advanced topics.
Applied Predictive Modeling
Author : Steven TaylorISBN : 1976213681
Genre :
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Applied Predictive Modeling Predictive modeling uses statistics in order to predict outcomes. However, predictive modeling can be applied to future and to any other kind of unknown event, regardless of when it happened. When it comes to the applications of predictive modeling, techniques are used in various fields including algorithmic trading, uplift modeling, archaeology, health care, customer relationship management and many others. This book covers the predictive modeling process with fundamental steps of the process, data preprocessing, data splitting and crucial steps of model tuning and improving model performance. Further, the book will introduce you to the most common classification and regression techniques including logistic regression which is widely used when it comes to the finding the probability of event success or event failure. You will get to know the common predictive modeling techniques as well such as stepwise regression, polynomial regression and ridge regression which will help you when you are dealing with the data that suffers from very common multicollinearity where independent variables are highly correlated. The text then provides fundamental steps to effective predictive modeling. In the second chapter, you will learn how to build your own predictive model with logistic regression and Python. You will find data sets as well as corresponding codes. On of the crucial predictive modeling steps is model tuning, so you will learn some common techniques used in order to improve your model performance. You will get to know how to tune the parameters commonly used to increase the overall predictive power. Predictive modeling comes with a few obstacles and challenges like class imbalance. Imbalanced classes commonly put the accuracy of the model out of business, but you will learn how to properly handle class imbalance which will significantly improve the accuracy of your model. The book is multi-purpose focused on to predictive modeling process and predictive modeling techniques, so it will be of great help for those who are interested in predictive modeling techniques and applications. So, it is the right time to simplify the analysis, boost productivity as well as save time. The book will be your companion on your journey towards highly accurate predictive models. What you will learn in Applied Predictive Modeling: Most common predictive modeling techniques Types of regression models The overall predictive modeling process Fundamental steps to effective and highly accurate predictive modeling How to build predictive model with logistic regression with code listings How to build predictive model using Python How to enhance your model performance Parameters for increasing the overall predictive power How to handle class imbalance Common causes of poor model performance Get this book now and learn more about Applied Predictive Modeling!
Applying Predictive Analytics
Author : Richard V. McCarthyISBN : 9783030140380
Genre :
File Size : 60. 64 MB
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Applied Predictive Analytics
Author : Dean AbbottISBN : 9781118727690
Genre : Computers
File Size : 45. 3 MB
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Learn the art and science of predictive analytics —techniques that get results Predictive analytics is what translates big data intomeaningful, usable business information. Written by a leadingexpert in the field, this guide examines the science of theunderlying algorithms as well as the principles and best practicesthat govern the art of predictive analytics. It clearly explainsthe theory behind predictive analytics, teaches the methods,principles, and techniques for conducting predictive analyticsprojects, and offers tips and tricks that are essential forsuccessful predictive modeling. Hands-on examples and case studiesare included. The ability to successfully apply predictive analytics enablesbusinesses to effectively interpret big data; essential forcompetition today This guide teaches not only the principles of predictiveanalytics, but also how to apply them to achieve real, pragmaticsolutions Explains methods, principles, and techniques for conductingpredictive analytics projects from start to finish Illustrates each technique with hands-on examples and includesas series of in-depth case studies that apply predictive analyticsto common business scenarios A companion website provides all the data sets used to generatethe examples as well as a free trial version of software Applied Predictive Analytics arms data and businessanalysts and business managers with the tools they need tointerpret and capitalize on big data.
92 Applied Predictive Modeling Techniques In R
Author : N. D. LewisISBN : 151751679X
Genre :
File Size : 67. 82 MB
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About This Book This jam-packed book takes you under the hood with step by step instructions using the popular and free R predictive analytics package. It provides numerous examples, illustrations and exclusive use of real data to help you leverage the power of predictive analytics. A book for every data analyst, student and applied researcher. Here is what it can do for you: BOOST PRODUCTIVITY: Learn how to build predictive analytic models in less time than you ever imagined possible! Even if you're a busy professional or a student with little time. By spending as little as 10 minutes a day working through the dozens of real world examples, illustrations, practitioner tips and notes, you'll be able to make giant leaps forward in your knowledge, strengthen your business performance, broaden your skill-set and improve your understanding. SIMPLIFY ANALYSIS: You will discover over 90 easy to follow applied predictive analytic techniques that can instantly expand your modeling capability. Plus you'll discover simple routines that serve as a check list you repeat next time you need a specific model. Even better, you'll discover practitioner tips, work with real data and receive suggestions that will speed up your progress. So even if you're completely stressed out by data, you'll still find in this book tips, suggestions and helpful advice that will ease your journey through the data science maze. SAVE TIME: Imagine having at your fingertips easy access to the very best of predictive analytics. In this book, you'll learn fast effective ways to build powerful models using R. LEARN FASTER: 92 Applied Predictive Modeling Techniques in R offers a practical results orientated approach that will boost your productivity, expand your knowledge and create new and exciting opportunities for you to get the very best from your data. IMPROVE RESULTS: Want to improve your predictive analytic results, but don't have enough time? Right now there are a dozen ways to instantly improve your predictive models performance. Odds are, these techniques will only take a few minutes apiece to complete. The problem? You might feel like there's not enough time to learn how to do them all. The solution is in your hands. It uses R, which is free, open-source, and extremely powerful software. Here is some of what is included: Support Vector Machines Relevance Vector Machines Neural networks Random forests Random ferns Classical Boosting Model based boosting Decision trees Cluster Analysis For people interested in statistics, machine learning, data analysis, data mining, and future hands-on practitioners seeking a career in the field, it sets a strong foundation, delivers the prerequisite knowledge, and whets your appetite for more. Buy the book today. Your next big breakthrough using predictive analytics is only a page away!
Predictive Modeling Applications In Actuarial Science
Author : Edward W. FreesISBN : 9781107029880
Genre : Business & Economics
File Size : 73. 12 MB
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This second volume examines practical real-life applications of predictive modeling to forecast future events with an emphasis on insurance.
Predictive Modeling Applications In Actuarial Science Volume 2 Case Studies In Insurance
Author : Edward W. FreesISBN : 9781316720523
Genre : Business & Economics
File Size : 80. 23 MB
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Predictive modeling uses data to forecast future events. It exploits relationships between explanatory variables and the predicted variables from past occurrences to predict future outcomes. Forecasting financial events is a core skill that actuaries routinely apply in insurance and other risk-management applications. Predictive Modeling Applications in Actuarial Science emphasizes life-long learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used to gain a competitive advantage in situations with complex data. Volume 2 examines applications of predictive modeling. Where Volume 1 developed the foundations of predictive modeling, Volume 2 explores practical uses for techniques, focusing on property and casualty insurance. Readers are exposed to a variety of techniques in concrete, real-life contexts that demonstrate their value and the overall value of predictive modeling, for seasoned practicing analysts as well as those just starting out.
Modeling Techniques In Predictive Analytics With Python And R
Author : Thomas W. MillerISBN : 9780133892147
Genre : Computers
File Size : 63. 45 MB
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Master predictive analytics, from start to finish Start with strategy and management Master methods and build models Transform your models into highly-effective code—in both Python and R This one-of-a-kind book will help you use predictive analytics, Python, and R to solve real business problems and drive real competitive advantage. You’ll master predictive analytics through realistic case studies, intuitive data visualizations, and up-to-date code for both Python and R—not complex math. Step by step, you’ll walk through defining problems, identifying data, crafting and optimizing models, writing effective Python and R code, interpreting results, and more. Each chapter focuses on one of today’s key applications for predictive analytics, delivering skills and knowledge to put models to work—and maximize their value. Thomas W. Miller, leader of Northwestern University’s pioneering program in predictive analytics, addresses everything you need to succeed: strategy and management, methods and models, and technology and code. If you’re new to predictive analytics, you’ll gain a strong foundation for achieving accurate, actionable results. If you’re already working in the field, you’ll master powerful new skills. If you’re familiar with either Python or R, you’ll discover how these languages complement each other, enabling you to do even more. All data sets, extensive Python and R code, and additional examples available for download at http://www.ftpress.com/miller/ Python and R offer immense power in predictive analytics, data science, and big data. This book will help you leverage that power to solve real business problems, and drive real competitive advantage. Thomas W. Miller’s unique balanced approach combines business context and quantitative tools, illuminating each technique with carefully explained code for the latest versions of Python and R. If you’re new to predictive analytics, Miller gives you a strong foundation for achieving accurate, actionable results. If you’re already a modeler, programmer, or manager, you’ll learn crucial skills you don’t already have. Using Python and R, Miller addresses multiple business challenges, including segmentation, brand positioning, product choice modeling, pricing research, finance, sports, text analytics, sentiment analysis, and social network analysis. He illuminates the use of cross-sectional data, time series, spatial, and spatio-temporal data. You’ll learn why each problem matters, what data are relevant, and how to explore the data you’ve identified. Miller guides you through conceptually modeling each data set with words and figures; and then modeling it again with realistic code that delivers actionable insights. You’ll walk through model construction, explanatory variable subset selection, and validation, mastering best practices for improving out-of-sample predictive performance. Miller employs data visualization and statistical graphics to help you explore data, present models, and evaluate performance. Appendices include five complete case studies, and a detailed primer on modern data science methods. Use Python and R to gain powerful, actionable, profitable insights about: Advertising and promotion Consumer preference and choice Market baskets and related purchases Economic forecasting Operations management Unstructured text and language Customer sentiment Brand and price Sports team performance And much more
Max Kuhn Predictive Modeling
Modeling Techniques In Predictive Analytics
Author : Thomas W. MillerISBN : 9780133886191
Genre : Computers
File Size : 42. 45 MB
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To succeed with predictive analytics, you must understand it on three levels: Strategy and management Methods and models Technology and code This up-to-the-minute reference thoroughly covers all three categories. Now fully updated, this uniquely accessible book will help you use predictive analytics to solve real business problems and drive real competitive advantage. If you’re new to the discipline, it will give you the strong foundation you need to get accurate, actionable results. If you’re already a modeler, programmer, or manager, it will teach you crucial skills you don’t yet have. Unlike competitive books, this guide illuminates the discipline through realistic vignettes and intuitive data visualizations–not complex math. Thomas W. Miller, leader of Northwestern University’s pioneering program in predictive analytics, guides you through defining problems, identifying data, crafting and optimizing models, writing effective R code, interpreting results, and more. Every chapter focuses on one of today’s key applications for predictive analytics, delivering skills and knowledge to put models to work–and maximize their value. Reflecting extensive student and instructor feedback, this edition adds five classroom-tested case studies, updates all code for new versions of R, explains code behavior more clearly and completely, and covers modern data science methods even more effectively. All data sets, extensive R code, and additional examples available for download at http://www.ftpress.com/miller If you want to make the most of predictive analytics, data science, and big data, this is the book for you. Thomas W. Miller’s unique balanced approach combines business context and quantitative tools, appealing to managers, analysts, programmers, and students alike. Miller addresses multiple business cases and challenges, including segmentation, brand positioning, product choice modeling, pricing research, finance, sports, text analytics, sentiment analysis, and social network analysis. He illuminates the use of cross-sectional data, time series, spatial, and spatio-temporal data. You’ll learn why each problem matters, what data are relevant, and how to explore the data you’ve identified. Miller guides you through conceptually modeling each data set with words and figures; and then modeling it again with realistic R programs that deliver actionable insights. You’ll walk through model construction, explanatory variable subset selection, and validation, mastering best practices for improving out-of-sample predictive performance. Throughout, Miller employs data visualization and statistical graphics to help you explore data, present models, and evaluate performance. This edition adds five new case studies, updates all code for the newest versions of R, adds more commenting to clarify how the code works, and offers a more detailed and up-to-date primer on data science methods. Gain powerful, actionable, profitable insights about: Advertising and promotion Consumer preference and choice Market baskets and related purchases Economic forecasting Operations management Unstructured text and language Customer sentiment Brand and price Sports team performance And much more
Web And Network Data Science
Author : Thomas W. MillerISBN : 9780133887648
Genre : Computers
File Size : 45. 59 MB
Format : PDF, Mobi
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Master modern web and network data modeling: both theory and applications. In Web and Network Data Science, a top faculty member of Northwestern University’s prestigious analytics program presents the first fully-integrated treatment of both the business and academic elements of web and network modeling for predictive analytics. Some books in this field focus either entirely on business issues (e.g., Google Analytics and SEO); others are strictly academic (covering topics such as sociology, complexity theory, ecology, applied physics, and economics). This text gives today's managers and students what they really need: integrated coverage of concepts, principles, and theory in the context of real-world applications. Building on his pioneering Web Analytics course at Northwestern University, Thomas W. Miller covers usability testing, Web site performance, usage analysis, social media platforms, search engine optimization (SEO), and many other topics. He balances this practical coverage with accessible and up-to-date introductions to both social network analysis and network science, demonstrating how these disciplines can be used to solve real business problems.