Data Mining for Business Intelligence

Concepts, Techniques, and Applications in Microsoft Office Excel with XLMiner

Author: Galit Shmueli

Publisher: John Wiley and Sons

ISBN:

Category: Mathematics

Page: 428

View: 629

Praise for the First Edition " full of vivid and thought-provoking anecdotes needs to be read by anyone with a serious interest in research and marketing." —Research magazine "Shmueli et al. have done a wonderful job in presenting the field of data mining a welcome addition to the literature." —computingreviews.com Incorporating a new focus on data visualization and time series forecasting, Data Mining for Business Intelligence, Second Edition continues to supply insightful, detailed guidance on fundamental data mining techniques. This new edition guides readers through the use of the Microsoft Office Excel add-in XLMiner for developing predictive models and techniques for describing and finding patterns in data. From clustering customers into market segments and finding the characteristics of frequent flyers to learning what items are purchased with other items, the authors use interesting, real-world examples to build a theoretical and practical understanding of key data mining methods, including classification, prediction, and affinity analysis as well as data reduction, exploration, and visualization. The Second Edition now features: Three new chapters on time series forecasting, introducing popular business forecasting methods including moving average, exponential smoothing methods; regression-based models; and topics such as explanatory vs. predictive modeling, two-level models, and ensembles A revised chapter on data visualization that now features interactive visualization principles and added assignments that demonstrate interactive visualization in practice Separate chapters that each treat k-nearest neighbors and Naïve Bayes methods Summaries at the start of each chapter that supply an outline of key topics The book includes access to XLMiner, allowing readers to work hands-on with the provided data. Throughout the book, applications of the discussed topics focus on the business problem as motivation and avoid unnecessary statistical theory. Each chapter concludes with exercises that allow readers to assess their comprehension of the presented material. The final chapter includes a set of cases that require use of the different data mining techniques, and a related Web site features data sets, exercise solutions, PowerPoint slides, and case solutions. Data Mining for Business Intelligence, Second Edition is an excellent book for courses on data mining, forecasting, and decision support systems at the upper-undergraduate and graduate levels. It is also a one-of-a-kind resource for analysts, researchers, and practitioners working with quantitative methods in the fields of business, finance, marketing, computer science, and information technology.

Data Mining for Business Intelligence: Concepts, Techniques, and Applications in Microsoft Office Excel with Xlminer

Author: Galit Shmueli

Publisher: John Wiley & Sons

ISBN:

Category:

Page: 298

View: 907

Market_Desc: As a textbook or supplement for courses in data mining, data warehousing, business intelligence, and/or decision support systems at the upper undergraduate or beginning graduate (MS, Ph.D., or MBA) levels in departments of mathematics and statistics, computer science, information technology, engineering, or business; as a reference guide for professionals in related fields. Special Features: · The book s greatest strength lies in its presentation of hands-on, business-oriented applications, complete with real data sets and cases.· The chapters have been written with flexibility in mind so the user and/or instructor can navigate throughout the book as he or she chooses.· The excellent mix between mathematical rigor and readability make the book ideal for multiple readerships.· The software system-of-choice, XLMinerTM, is a familiar and easy-to-use tool for business analysts, consultants, and students since it is based on the popular Excel® spreadsheet concept. It provides a comprehensive set of data mining models and algorithms that includes statistical, machine learning and database methods - at no additional cost to the purchaser!· There are plentiful exercises and examples to motivate learning and understanding. About The Book: This book arose out of a data mining course at MIT s Sloan School of Management. Preparation for the course revealed that there are a number of excellent books on the business context of data mining, but their coverage of the statistical and machine learning algorithms and theoretical underpinnings is not sufficiently detailed to provide a practical guide for users who possess the raw skills and tools to analyze data. This book is intended for the business student (and practitioner) of data mining techniques, and the goal is threefold: (1) to provide both a theoretical and practical understanding of the key methods of classification, prediction, reduction and exploration that are at the heart of data mining; (2) to provide a business decision-making context for these methods; and (3) using real business cases and data, to illustrate the application and interpretation of these methods. The book employs the use of an Excel® add-in, XLMinerTM, at no cost to registered instructors, in order to illustrate and interpret the various data sets that are presented throughout. Real-life business cases are also presented so that readers can implement algorithms with a very low learning hurdle.

Data Mining for Business Analytics

Concepts, Techniques, and Applications with XLMiner

Author: Galit Shmueli

Publisher: John Wiley & Sons

ISBN:

Category: Mathematics

Page: 560

View: 454

Data Mining for Business Analytics: Concepts, Techniques, and Applications in XLMiner®, Third Edition presents an applied approach to data mining and predictive analytics with clear exposition, hands-on exercises, and real-life case studies. Readers will work with all of the standard data mining methods using the Microsoft® Office Excel® add-in XLMiner® to develop predictive models and learn how to obtain business value from Big Data. Featuring updated topical coverage on text mining, social network analysis, collaborative filtering, ensemble methods, uplift modeling and more, the Third Edition also includes: Real-world examples to build a theoretical and practical understanding of key data mining methods End-of-chapter exercises that help readers better understand the presented material Data-rich case studies to illustrate various applications of data mining techniques Completely new chapters on social network analysis and text mining A companion site with additional data sets, instructors material that include solutions to exercises and case studies, and Microsoft PowerPoint® slides https://www.dataminingbook.com Free 140-day license to use XLMiner for Education software Data Mining for Business Analytics: Concepts, Techniques, and Applications in XLMiner®, Third Edition is an ideal textbook for upper-undergraduate and graduate-level courses as well as professional programs on data mining, predictive modeling, and Big Data analytics. The new edition is also a unique reference for analysts, researchers, and practitioners working with predictive analytics in the fields of business, finance, marketing, computer science, and information technology. Praise for the Second Edition "…full of vivid and thought-provoking anecdotes... needs to be read by anyone with a serious interest in research and marketing."– Research Magazine "Shmueli et al. have done a wonderful job in presenting the field of data mining - a welcome addition to the literature." – ComputingReviews.com "Excellent choice for business analysts...The book is a perfect fit for its intended audience." – Keith McCormick, Consultant and Author of SPSS Statistics For Dummies, Third Edition and SPSS Statistics for Data Analysis and Visualization Galit Shmueli, PhD, is Distinguished Professor at National Tsing Hua University’s Institute of Service Science. She has designed and instructed data mining courses since 2004 at University of Maryland, Statistics.com, The Indian School of Business, and National Tsing Hua University, Taiwan. Professor Shmueli is known for her research and teaching in business analytics, with a focus on statistical and data mining methods in information systems and healthcare. She has authored over 70 journal articles, books, textbooks and book chapters. Peter C. Bruce is President and Founder of the Institute for Statistics Education at www.statistics.com. He has written multiple journal articles and is the developer of Resampling Stats software. He is the author of Introductory Statistics and Analytics: A Resampling Perspective, also published by Wiley. Nitin R. Patel, PhD, is Chairman and cofounder of Cytel, Inc., based in Cambridge, Massachusetts. A Fellow of the American Statistical Association, Dr. Patel has also served as a Visiting Professor at the Massachusetts Institute of Technology and at Harvard University. He is a Fellow of the Computer Society of India and was a professor at the Indian Institute of Management, Ahmedabad for 15 years.

Getting Started with Business Analytics

Insightful Decision-Making

Author: David Roi Hardoon

Publisher: CRC Press

ISBN:

Category: Business & Economics

Page: 190

View: 684

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 and terminologies and give many examples of real-world applications. The first part of the book introduces business data and recent technologies that have promoted fact-based decision-making. The authors look at how business intelligence differs from business analytics. They also discuss the main components of a business analytics application and the various requirements for integrating business with analytics. The second part presents the technologies underlying business analytics: data mining and data analytics. The book helps you understand the key concepts and ideas behind data mining and shows how data mining has expanded into data analytics when considering new types of data such as network and text data. The third part explores business analytics in depth, covering customer, social, and operational analytics. Each chapter in this part incorporates hands-on projects based on publicly available data. Helping you make sound decisions based on hard data, this self-contained guide provides an integrated framework for data mining in business analytics. It takes you on a journey through this data-rich world, showing you how to deploy business analytics solutions in your organization.

Applied Machine Learning

Author: M GOPAL

Publisher: McGraw Hill Professional

ISBN:

Category: Technology & Engineering

Page: 656

View: 473

Publisher's Note: Products purchased from Third Party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitlements included with the product. Cutting-edge machine learning principles, practices, and applications This comprehensive textbook explores the theoretical under¬pinnings of learning and equips readers with the knowledge needed to apply powerful machine learning techniques to solve challenging real-world problems. Applied Machine Learning shows, step by step, how to conceptualize problems, accurately represent data, select and tune algorithms, interpret and analyze results, and make informed strategic decisions. Presented in a non-rigorous mathematical style, the book covers a broad array of machine learning topics with special emphasis on methods that have been profitably employed. Coverage includes: •Supervised learning•Statistical learning•Learning with support vector machines (SVM)•Learning with neural networks (NN)•Fuzzy inference systems•Data clustering•Data transformations•Decision tree learning•Business intelligence•Data mining•And much more

Introductory Statistics and Analytics

A Resampling Perspective

Author: Peter C. Bruce

Publisher: John Wiley & Sons

ISBN:

Category: Mathematics

Page: 312

View: 670

Concise, thoroughly class-tested primer that features basicstatistical concepts in the concepts in the context of analytics,resampling, and the bootstrap A uniquely developed presentation of key statistical topics,Introductory Statistics and Analytics: A ResamplingPerspective provides an accessible approach to statisticalanalytics, resampling, and the bootstrap for readers with variouslevels of exposure to basic probability and statistics. Originallyclass-tested at one of the first online learning companies in thediscipline, www.statistics.com, the book primarily focuses onapplications of statistical concepts developed via resampling, witha background discussion of mathematical theory. This featurestresses statistical literacy and understanding, which demonstratesthe fundamental basis for statistical inference and demystifiestraditional formulas. The book begins with illustrations that have the essentialstatistical topics interwoven throughout before moving on todemonstrate the proper design of studies. Meeting all of theGuidelines for Assessment and Instruction in Statistics Education(GAISE) requirements for an introductory statistics course,Introductory Statistics and Analytics: A ResamplingPerspective also includes: Over 300 “Try It Yourself” exercises andintermittent practice questions, which challenge readers atmultiple levels to investigate and explore key statisticalconcepts Numerous interactive links designed to provide solutions toexercises and further information on crucial concepts Linkages that connect statistics to the rapidly growing fieldof data science Multiple discussions of various software systems, such asMicrosoft Office Excel®, StatCrunch, and R, to develop andanalyze data Areas of concern and/or contrasting points-of-view indicatedthrough the use of “Caution” icons Introductory Statistics and Analytics: A ResamplingPerspective is an excellent primary textbook for courses inpreliminary statistics as well as a supplement for courses inupper-level statistics and related fields, such as biostatisticsand econometrics. The book is also a general reference for readersinterested in revisiting the value of statistics.

Modeling Online Auctions

Author: Wolfgang Jank

Publisher: John Wiley & Sons

ISBN:

Category: Mathematics

Page: 336

View: 119

Explore cutting-edge statistical methodologies for collecting, analyzing, and modeling online auction data Online auctions are an increasingly important marketplace, as the new mechanisms and formats underlying these auctions have enabled the capturing and recording of large amounts of bidding data that are used to make important business decisions. As a result, new statistical ideas and innovation are needed to understand bidders, sellers, and prices. Combining methodologies from the fields of statistics, data mining, information systems, and economics, Modeling Online Auctions introduces a new approach to identifying obstacles and asking new questions using online auction data. The authors draw upon their extensive experience to introduce the latest methods for extracting new knowledge from online auction data. Rather than approach the topic from the traditional game-theoretic perspective, the book treats the online auction mechanism as a data generator, outlining methods to collect, explore, model, and forecast data. Topics covered include: Data collection methods for online auctions and related issues that arise in drawing data samples from a Web site Models for bidder and bid arrivals, treating the different approaches for exploring bidder-seller networks Data exploration, such as integration of time series and cross-sectional information; curve clustering; semi-continuous data structures; and data hierarchies The use of functional regression as well as functional differential equation models, spatial models, and stochastic models for capturing relationships in auction data Specialized methods and models for forecasting auction prices and their applications in automated bidding decision rule systems Throughout the book, R and MATLAB software are used for illustrating the discussed techniques. In addition, a related Web site features many of the book's datasets and R and MATLAB code that allow readers to replicate the analyses and learn new methods to apply to their own research. Modeling Online Auctions is a valuable book for graduate-level courses on data mining and applied regression analysis. It is also a one-of-a-kind reference for researchers in the fields of statistics, information systems, business, and marketing who work with electronic data and are looking for new approaches for understanding online auctions and processes. Visit this book's companion website by clicking here

Statistical Methods in e-Commerce Research

Author: Wolfgang Jank

Publisher: John Wiley & Sons

ISBN:

Category: Mathematics

Page: 512

View: 129

This groundbreaking book introduces the application of statistical methodologies to e-Commerce data With the expanding presence of technology in today's economic market, the use of the Internet for buying, selling, and investing is growing more popular and public in nature. Statistical Methods in e-Commerce Research is the first book of its kind to focus on the statistical models and methods that are essential in order to analyze information from electronic-commerce (e-Commerce) transactions, identify the challenges that arise with new e-Commerce data structures, and discover new knowledge about consumer activity. This collection gathers over thirty researchers and practitioners from the fields of statistics, computer science, information systems, and marketing to discuss the growing use of statistical methods in e-Commerce research. From privacy protection to economic impact, the book first identifies the many obstacles that are encountered while collecting, cleaning, exploring, and analyzing e-Commerce data. Solutions to these problems are then suggested using established and newly developed statistical and data mining methods. Finally, a look into the future of this evolving area of study is provided through an in-depth discussion of the emerging methods for conducting e-Commerce research. Statistical Methods in e-Commerce Research successfully bridges the gap between statistics and e-Commerce, introducing a statistical approach to solving challenges that arise in the context of online transactions, while also introducing a wide range of e-Commerce applications and problems where novel statistical methodology is warranted. It is an ideal text for courses on e-Commerce at the upper-undergraduate and graduate levels and also serves as a valuable reference for researchers and analysts across a wide array of subject areas, including economics, marketing, and information systems who would like to gain a deeper understanding of the use of statistics in their work.

OR/MS Today

Author:

Publisher:

ISBN:

Category: Management science

Page:

View: 472