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  • Regression Trees, Case: IBM/GM Weekly Returns Comparison of Data Mining Techniques

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    Course Summary Data that has relevance for managerial decisions is accumulating at an incredible rate due to a host of technological advances. Electronic data capture has become inexpensive and ubiquitous as a by-product of innovations such as the internet, e-commerce, electronic banking, point-of-sale devices, bar-code readers, and intelligent machines. Such data is often stored in data warehouses and data marts specifically intended for management decision support. Data mining is a rapidly growing field that is concerned with developing techniques to assist managers to make intelligent use of these repositories. A number of successful applications have been reported in areas such as credit rating, fraud detection, database marketing, customer relationship management, and stock market investments. The field of data mining has evolved from the disciplines of statistics and artificial intelligence. This course will examine methods that have emerged from both fields and proven to be of value in recognizing patterns and making predictions from an applications perspective. We will survey applications and provide an opportunity for hands-on experimentation with algorithms for data mining using easy-to- use software and cases.

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    Regression Trees, Case: IBM/GM weekly returns Comparison of Data Mining Techniques

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    Course Summary Data that has relevance for managerial decisions is accumulating at an incredible rate due to a host of technological advances. Electronic data capture has become inexpensive and ubiquitous as a by-product of innovations such as the internet, e-commerce, electronic banking, point-of-sale devices, bar-code readers, and intelligent machines. Such data is often stored in data warehouses and data marts specifically intended for management decision support. Data mining is a rapidly growing field that is concerned with developing techniques to assist managers to make intelligent use of these repositories. A number of successful applications have been reported in areas such as credit rating, fraud detection, database marketing, customer relationship management, and stock market investments. The field of data mining has evolved from the disciplines of statistics and artificial intelligence. This course will examine methods that have emerged from both fields and proven to be of value in recognizing patterns and making predictions from an applications perspective. We will survey applications and provide an opportunity for hands-on experimentation with algorithms for data mining using easy-to- use software and cases.

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    54 просмотров1 страница

    Regression Trees, Case: IBM/GM Weekly Returns Comparison of Data Mining Techniques

    Загружено:

    akirank1
    Course Summary Data that has relevance for managerial decisions is accumulating at an incredible rate due to a host of technological advances. Electronic data capture has become inexpensive and ubiquitous as a by-product of innovations such as the internet, e-commerce, electronic banking, point-of-sale devices, bar-code readers, and intelligent machines. Such data is often stored in data warehouses and data marts specifically intended for management decision support. Data mining is a rapidly growing field that is concerned with developing techniques to assist managers to make intelligent use of these repositories. A number of successful applications have been reported in areas such as credit rating, fraud detection, database marketing, customer relationship management, and stock market investments. The field of data mining has evolved from the disciplines of statistics and artificial intelligence. This course will examine methods that have emerged from both fields and proven to be of value in recognizing patterns and making predictions from an applications perspective. We will survey applications and provide an opportunity for hands-on experimentation with algorithms for data mining using easy-to- use software and cases.

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    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    15.062 Data Mining – Spring 2003 Nitin R.

    Patel

    Comparison of Data Mining techniques – large data sets – Guidelines (… and only guidelines)

    H: high, M:medium, L:low.


    Multiple Logistic Discriminant Naïve Neural Trees k-Nearest
    Linear Regression Analysis Bayes Nets Neighbors
    Regression
    Accuracy M M M HM H M HM

    Intepretability H H M H L H L

    Speed- H H H HM L HM H
    Training

    Speed- H H H H H HM L
    Deployment

    Effort in HM HM HM HM L L ML
    choice and
    transformation
    of indep.Vars.
    Effort to tune L L L ML H ML ML
    performance
    parameters
    Robustness to ML ML ML ML HM H HM
    Outliers in
    indep vars
    Robustness to H H HM H L ML L
    irrelevant
    variables
    Ease of M M M H M H ML
    handling of
    missing
    values
    Natural H H ML M H H L
    handling both
    categorical
    and
    continuous
    variables

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